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UPDATE 4-ADM pursues big ag merger with grain trader Bunge -WSJ

CHICAGO/CALGARY, Alberta, Jan 19 (Reuters) – Top U.S. grains
merchant Archer Daniels Midland Co has proposed a
takeover of Bunge Ltd, the Wall Street Journal reported
on Friday, a move that could set up a battle for Bunge with
London-based rival Glencore Plc.

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