INVIVO AGREES SOUFFLET TAKEOVER IN FRENCH FARMING MEGA-DEAL

PARIS, May 3 (Reuters) – Cooperative group InVivo has agreed to acquire family-owned Soufflet in a deal potentially worth 2.3 billion euros ($2.76 billion), as the French rivals look to create of one of Europe’s biggest agricultural businesses. The deal, which follows exclusive negotiations that began in January, will give rise to a group with some 10 billion euros in
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