Latest Joint ventures News

ADM, Marathon partner to operate North Dakota soybean plant

Aug. 22, 2021 13:30 PM EDT

BISMARCK, N.D. (AP) — Agribusiness conglomerate Archer Daniels Midland Co. Archer-Daniels-Midland Co. and Marathon Petroleum Corp. are partnering to operate a soybean processing plant near Jamestown. The Bismarck Tribune reports the facility will supply soybean oil for...

PepsiCo to sell Tropicana, other juices, in $3.3B deal

Aug. 03, 2021 09:34 AM EDT

PepsiCo will sell Tropicana and other juices to a private equity firm in a $3.3 billion deal. The New York drink and snack company will keep a 39% non-controlling stake in a newly formed joint venture in the deal with PAI Partners. The sale reflects...