Subsequent Events

6 Months Ended

Jun. 30, 2018

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Subsequent Events

The Companyannounced three significant actions in its portfolio management. The Company:

• signed an agreement to acquire Probiotics International Limited (PIL), a British-based provider of probiotic supplements for human, pet, and production-animal use for $243 million (£185 million), subject to customary adjustments;

• signed an agreement to purchase Neovia, a French-headquartered global provider of value-added animal nutrition solutions, with 72 production facilities and a presence in 25 countries, for $1.8 billion (€1.5 billion), subject to customary adjustments; and

• reached an agreement to acquire Rodelle Inc., a premium originator, processor and supplier of vanilla products.

These pending transactions are subject to regulatory approvals and are expected to close in the second half of 2018.

The Company also completed the sale of its oilseeds operations in Bolivia to Inversiones Piuranas S.A.