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Home » Keywords: » poultry operation

Items Tagged with 'poultry operation'

ARTICLES

Cargill Conti Acquires Sanderson Farms Chicken Poultry Wayne

Cargill and Continental Grain Company Acquire Sanderson Farms for $4.53 Billion

Wayne Farms CEO Clint Rivers will lead the new poultry business.
August 9, 2021
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Cargill, Continental Grain Company, and Sanderson Farms have reached a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash, representing a total equity value for Sanderson Farms of $4.53 billion. The purchase price represents a 30.3% premium to Sanderson Farms’ unaffected share price of $155.74 on June 18, 2021, the last full trading day prior to media speculation about the potential sale of Sanderson Farms; a 22.8% premium to the Sanderson Farms 30-day volume weighted average price as of June 18, 2021, and a 15.2% premium to the all-time high share price as of June 18, 2021. Upon completion of the transaction, Cargill and Continental Grain will combine Sanderson Farms with Wayne Farms, a subsidiary of Continental Grain, to form a new, privately held poultry business.


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GEA CookStar poultry cooking line

Cargill’s China Poultry Operation Delivers First Shipment of Chicken Nuggets

November 20, 2014
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Cargill delivered its first shipment of chicken nuggets from one of the lines to McDonald’s China.


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Eye on Operations: Foster Farms, Northern Beef in the news

March 11, 2009
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Foster Farms, Livingston, Calif., may be putting a $40 million bid for Pilgrim's Pride Corp.'s poultry operation in Farmersville, La.
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