KIEV, Jan. 13 - The world's largest raw materials trader, Cargill, has acquired a 5% stake in Ukrlandfarming, Ukraine's largest agricultural holding in terms of land bank, for $200 million, the Financial Times edition has written.
"The acquisition of 5% of Ukrlandfarming intensifies Cargill's presence on the agricultural market, one of the most promising in the world," reads the report.
Given the amount of the transaction, the newspaper reads, the total cost of Ukrlandfarming's land bank, the eighth largest land bank in the world, was estimated at $4 billion.
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