Mon 08/09/2021 12:52 PM
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Relevant Document:
Announcement

Takeaways

  • Sanderson Farms, along with Cargill and Continental Grain Co., announced that a joint venture between Cargill and Continental Grain intends to acquire Sanderson Farms in an all-cash transaction valued at $4.53 billion. The cash consideration is $203 per Sanderson Farms share.

  • The companies say that they expect to close the transaction “by the end of 2021 or early 2022.” The deal is subject to regulatory approvals as well as Sanderson...
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