The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday: ** Goldman Sachs has begun a formal process to sell the metals warehousing business it purchased four years ago, a spokesman said on Tuesday, disclosing the first definitive effort to shed the operation amid regulatory and political pressure. The Wall Street firm, one of the few major global banks that has not retreated from commodity markets in recent months, decided to explore a sale after receiving interest from potential buyers, the spokesman said in an email to Reuters.** ConAgra Foods Inc, Cargill Inc and CHS Inc won U.S. antitrust approval on Tuesday to merge their North American flour mill operations after agreeing to sell four mills to a Japanese company. The companies had announced in March 2013 that ConAgra would join Horizon Milling, a joint venture of Cargill and CHS Inc that is the largest flour miller in America.
ConAgra Foods, Inc. is a packaged food company. The Company operates in four segments: Consumer Foods, Commercial Foods, Ralcorp Food Group, and Ralcorp Frozen Bakery Products. Shares of CAG fell by 0.35% or $-0.11/share to $31.26. In the past year, the shares have traded as low as $28.09 and as high as $37.28. On average, 2976710 shares of CAG exchange hands on a given day and today's volume is recorded at 1433437.
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