Beijing-based agricultural conglomerate COFCO Corporation says the company plans to pay $1.5 billion for a 51% stake in Noble Agri Limited, according to a company announcement. A consortium of international investors led by Hopu Investment Management Co. will join COFCO as minority co-investors in the acquisition. COFCO will hold two-thirds of the investment vehicle with […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.