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ADM plans to sell chocolate business in third quarter -president
August 5, 2014 / 1:30 PM / 3 years ago

ADM plans to sell chocolate business in third quarter -president

CHICAGO, Aug 5 (Reuters) - Agribusiness company Archer Daniels Midland Co expects to sell its global chocolate business by the end of the third quarter, its president said on Tuesday.

ADM in April said it would keep its cocoa presses but still sell its chocolate business after long-running negotiations to sell both operations to a buyer collapsed. (Reporting by Tom Polansek; Editing by Jeffrey Benkoe)

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