July 30, 2015 | Street Insider

CHS to Acquire PICO Northstar Unit

CHS Inc. will acquire the PICO Northstar assets for $127 million

CHS to Acquire PICO Northstar Unit

PICO Holdings announced an agreement to sell substantially all of the assets of its majority owned canola processing subsidiary, PICO Northstar Hallock, LLC ("PICO Northstar"), to CHS Inc., a farmer-owned cooperative and a global energy, grains and foods company. The transaction is expected to close during the third quarter of 2015 and is subject to customary closing conditions, required government and regulatory approvals, and customary post-closing adjustments.

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