Sale of Dakota Growers Pasta to Post Holdings

glencore xestrataGlencore  Xstrata  plc  (‘Glencore’)  confirms  that it has entered into an agreement  to  sell  the Dakota Growers Pasta Company (‘Dakota Growers’) to Post Holdings, Inc (‘Post’) for $370 million in cash to be paid at the time of closing.
Dakota  Growers  was  acquired  by  Glencore  as part of its acquisition of Viterra  Inc.  The sale of Dakota Growers is subject to the satisfaction of customary  closing  conditions, including regulatory approvals. The sale is expected to close in January 2014.