date:Apr 25, 2014
U.S. food and grain-handling companies ConAgra Foods Inc (CAG.N), Cargill Inc CARG.UL and CHS Inc (CHSCP.O) have moved closer to sealing a deal to merge their North American flour mill operations by agreeing to sell four mills to a Japanese company.
Miller Milling Co, a U.S.-based unit of Tokyo-based Nisshin Flour Milling Inc, will buy the four U.S. mills, the companies said on Thursday.
Divesting the operations was part of the companies' plans to complete the merger and create a company calle