Sale allows COFCO to focus on grains, oilseeds and sugar.

Acquired products considered well-adapted to the South American sorghum market.

The company intends to integrate Nidera into its ag segment.

News agencies reporting it’s a $150 million financial hole.

The transaction is expected to close in the fourth quarter of 2016.

Overheu will begin his duties in June.

Laan will remain in the position during the recruitment process.

Noble Agri will be renamed COFCO Agri.

Company chairman sees two companies as ‘perfect fit.’

End of anti-Tehran sanctions may not correlate with a rise in grain imports.