ADM Said Near $3.4B Deal With Wild Flavors

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July 4 (Bloomberg) –- Bloomberg’s Caroline Hyde reports on Archer-Daniels-Midland Co. nearing a EU2.5B agreement to buy Wild Flavors, a privately owned maker of the Capri Sun juice drink. She speaks with Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Drinking.

We want to be told things that -- are naturally sourced.

An 83-year-old company.

It is all about getting fruit juices, all the fads that we are seeing.

Think of the tea infused drinks.

Vitamin and mineral infused drinks.

Natural flavoring.

Flavored beers.

There was a smile on your face.

There's a little bit of knowledge there.

In over 30 countries, wild flavors have fingers in pies.

Drinks and pies.

This is a country that is not only widely sourced, is able to kick into consumer trends.

This is why companies like archer daniels midland are vying -- they have won out a bidding war against the japanese.

They beat the first-ever maker of monosodium glutamate.

Also our competitor -- a competitor.

We knew at the beginning of this year that wild flavors were looking at their strategic options.

They thought they might be selling.

Anticipate that amd -- amd is closing then -- in for 2.5 billion euros.

Clearly this is the trend and it is working.

The bidding war has worked out for the owner.

Who is set to gain from the sale?

It is a privately owned company.

Mainly held by mr.

Wilde himself.

Hans peter wild, 70 years -- 73 years old.

He's the man behind capri sun.

The pouch of orange juices that he has amos lee -- that he famously got mohamed ali involved in the rate -- involved in.

That is not part of wild flavors now.

But this man is 73. he is apparently the five 26th wealthiest man in the world.

He has about $3 billion.

That will go up if you cashes in.

This text has been automatically generated. It may not be 100% accurate.

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