ADM bags $850m from Wilmar block, EB combo

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ADM bags $850m from Wilmar block, EB combo

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US food and commodities firm Archer-Daniels-Midland Co has tapped the equity capital markets for the first time in more than a decade, using a concurrent block of Wilmar International shares and an exchangeable bond — with the same underlying stock — to raise $850m. Jonathan Breen reports.

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