date:Jul 04, 2014
Archer Daniels Midland Co (ADM.N) is close to buying natural food ingredients maker Wild Flavors GmbH, backed by buyout group KKR Co (KKR.N), for about 2.5 billion euros ($3.4 billion), Bloomberg reported, citing people familiar with the matter.
The U.S. agribusiness company outbid Japanese rival Ajinomoto Co Inc (2802.T) for Wild Flavors, the people told Bloomberg, asking not to be named as the matter isn't public.
While a deal may be announced in the coming days, a final decision hasn't bee