Tuesday, May 29, 2012

Reuters: Mergers News: Marubeni to part finance Gavilon deal via bank borrowing

Reuters: Mergers News
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Marubeni to part finance Gavilon deal via bank borrowing
May 29th 2012, 08:59

TOKYO | Tue May 29, 2012 4:59am EDT

TOKYO May 29 (Reuters) - Marubeni Corp said on Tuesday it will finance part of the $3.6 billion cost of acquiring U.S. grain merchant Gavilon LLC through bank borrowing.

Marubeni said earlier in the day that it will buy Gavilon has debts of $2 billion.

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