After a turbulent 2024, mainly due to accounting issues abroad that affected the value of its shares, Archer Daniels (ADM) decided to clean up its portfolio, including part of its operation in Brazil, NeoFeed’s Carlos Sambrana reports. According to the publication, the company hired Barclays’ (BCS) to find buyers for its pet food unit in that country. The valuation is expected to be between R$1B and R$1.5B.
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