Deals
Singapore, Mitsui Said Interested in Glencore Agriculture Sale
- Glencore looking to sell stake in business to help reduce debt
- Commodities firm mulls incorporating food unit in Singapore
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The sovereign wealth fund of Singapore is among investors that have expressed interest in buying a minority stake in Glencore’s agriculture business, according to two people familiar with the conversations.
Others involved in preliminary negotiations include Japanese trading houses such as Mitsui & Co. and at least one Canadian pension fund, said the same people, who asked not to be identified because the matter is confidential.