Article: Corn Products International Announces Agreement to Increase Investment in Mexico and Acquire Small Ecuadorian Operation.

BEDFORD PARK, Ill, Oct. 21 /PRNewswire/ -- Corn Products International, Inc. today announced that it has signed a definitive agreement with the Arancia Industrial (Arancia), its partners in Arancia-CPC S.A. de C.V., that will increase its investment in Mexico and further strengthen its existing alliance with Arancia. The agreement provides for an exchange of cash and stock that will enable Corn Products to acquire the controlling interest in Arancia-CPC S.A. de C.V. and in Poliquimicos del Ecuador S.A. and at the same time enable Arancia to become an important stockholder in Corn Products International. Arancia-CPC S.A. de C.V. is the leading producer in Mexico of corn ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!