The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday: ** Cargill Inc, one of the world's leading cocoa traders, has explored the possibility of buying Archer Daniels Midland Co's cocoa business, a source familiar with the situation said. Such a purchase would create a global giant in the sector.** Missouri Governor Jay Nixon vetoed two bills on Tuesday that would have cleared the way for foreign ownership of farmland and potentially eliminated obstacles to the planned $4.7 billion purchase of Smithfield Foods Inc by a Chinese company.
Smithfield Foods, Inc. produces and markets a variety of fresh meat and packaged meats products both domestically and internationally. Shares of SFD remained unchanged at $32.77. In the past year, the shares have traded as low as $17.55 and as high as $33.96. On average, 5146200 shares of SFD exchange hands on a given day and today's volume is recorded at 300.
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