• Most Popular
  • Most Shared

Deals

A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu.  Commentary 

» More Deals News

ConAgra to sell trading business

CHICAGO
Thu Mar 27, 2008 7:52am EDT
Gary Rodkin, ConAgra chief executive officer, speaks during the Reuters Food Summit in Chicago March 17, 2008. REUTERS/John Gress

Stocks

   

CHICAGO (Reuters) - ConAgra Foods Inc (CAG.N) on Thursday said it would sell its commodity trading and merchandising operations to an investment management firm for about $1.6 billion, subject to certain conditions, and $525 million in debt.

Deals  |  Stocks  |  Mergers & Acquisitions  |  Bonds  |  Global Markets

The sale will let ConAgra focus on its core food business and also will let it use funds for a share repurchase, Gary Rodkin, chief executive officer, said in a news release.

(Reporting by Brad Dorfman; Editing by Steve Orlofsky)
Deals
Stocks
Mergers & Acquisitions
Bonds
Global Markets


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets