October 2, 2019 / 1:06 PM / 15 days ago

COFCO withdraws from talks to buy 25% stake in Russian grain export terminal

MOSCOW/PARIS, Oct 2 (Reuters) - Top Chinese grain trader COFCO has withdrawn from talks to buy a 25% stake in the KSK grain terminal in Russia’s Black Sea port of Novorossiisk, the terminal owner, Russian company Deloports Ltd, told Reuters.

A COFCO International spokesman in Switzerland declined to comment. (Reporting by Gleb Stolyarov and Gus Trompiz; writing by Polina Devitt; editing by Deepa Babington)

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