CHICAGO, Aug 24 (Bernama-BUSINESS WIRE) — ADM (NYSE: ADM) today announced that it has completed its previously announced secondary block trade of approximately $550M in Wilmar ordinary shares.
“We are exceptionally pleased with our longstanding relationship with Wilmar,” said ADM Chairman and CEO Juan Luciano. “This transaction provides ADM with additional capital while retaining that strong relationship. We have no plans to sell additional Wilmar shares, and look forward to continuing our partnership for years to come.”