Ledesma sold 30% of its shares in Glucovil to Cargill in 34,5 mn

Ledesma, a company from Jujuy, announced today the sale of 30% of the shares it owned in Glucovil Argentina S.A. (a company dedicated to the wet milling of corn) to the international firm Cargill Southamerican Holdings for $34.5 million. The funds obtained will be used to invest in its Genesis XXI plan (to increase competitiveness and promote the growth and innovation of the company) and to reduce liabilities.

Source: Ámbito