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ADM close to deal

This article was originally published in The Public Ledger

THE Brazilian subsidiary of Archer Daniels Midland is about to close a deal to lease 17 silos of debt stricken grain co-operative Cooagri in Mato Grosso do Sul.The firm said talks are moving forward "in a significant way for the deal to be reached" and it was ready to start operations quickly after talks are concluded.

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