U.S. agribusiness giant Cargill said it was abandoning plans to
buy Dutch animal-feed maker Nutreco NV (NUO.AE).
Nutreco, which specializes in feed for cattle and salmon and had
revenue of 5.2 billion euros in 2013, had accepted a $3.73 billion
takeover bid from SHV Holdings, a privately held group controlled
by the Fentener van Vlissingen family in the Netherlands.
Cargill, Nutreco said at the time, had intended to break up the
company, with Cargill retaining Nutreco's Fish Feed business and
private-equity firm Permira taking the animal nutrition
business.
Nutreco has called a general meeting of shareholders to discuss
the SHV merger proposal for Feb. 9, including proposed changes to
its articles of association and supervisory board.
-- Robin van Daalen contributed to this article.
Write to Maria Armental at maria.armental@wsj.com
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