Archer-Daniels-Midland Company signed an agreement to acquire remaining 50% stake in Gleadell Agriculture Limited from Union InVivo - Union de Coopératives Agricoles.

Archer-Daniels-Midland Company (NYSE:ADM) signed an agreement to acquire remaining 50% stake in Gleadell Agriculture Limited from Union InVivo - Union de Coopératives Agricoles on January 17, 2019. The acquisition also includes Gleadell's wholly owned subsidiary Dunns (Long Sutton) Ltd. ADM will merge Gleadell and Dunns with ADM Arkady, ADM's UK destination marketing business, and ADM Direct UK. The deal is subject to regulatory review.

On February 14, 2019, the transaction has been approved by the European Commission. The the transaction is expected to close during the first quarter of 2019. As of February 14, 2019, the European union commission approved the transaction bet the parties.