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The information below comes from the UK Activity Report.
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ED&F Man ED&F Man is to acquire Glenwood Group, the US fund management company, for £76m. 01-Sep-2000 ED&F Man is to change its name to Man Group, following its transformation from an agricultural products business into a financial services company. 09-Jun-2000 ED&F Man has sold Farmers Fertiliser & Milling Company, its US peanut shelling business, to Birdsong Corporation for £60m. 15-Mar-2000 ED&F Man is to sell off its commodities trading business to a management team for £587m, and the remaining financial services business will be renamed Man Group. 18-Feb-2000 ED&F Man is in negotiations to sell its agricultural commodities division to management for about £70m, in order to focus on financial services. 05-Nov-1999 ED&F Man is to scale back its network of offices worldwide due to a downturn in its agricultural products business. 11-Jun-1999 ED&F Man is to buy the brokerage accounts division of First Options of Chicago for about £7m, as part of a strategy to expand its financial services business through bolt-on acquisitions. 13-Jul-1998 ED&F Man is looking to acquire boutique fund managers in the UK and US in order to expand its asset management business. 12-Jun-1998 ED&F Man is acquiring the brokerage accounts of Gerald Financial Group for £5.9m, which will enable it to become a ring dealing member of the London Metal Exchange. 14-Apr-1998 ED&F Man is to merge its Australian sugar refining business with that of CSR, Australia's largest sugar refiner. 11-Nov-1997 ED&F Man is selling its cocoa processing business to Archer-Daniels-Midland of the US for £135m, but retains its cocoa sourcing and cocoa merchanting operations. 21-Jun-1997 ED&F Man is acquiring the worldwide molasses business of Cargill for £60m in a move which will make Man the world leader. 27-Feb-1997 ED&F Man Group has bought a majority of the assets of Ravioli, the Polish processor of edible nuts and cocoa beans, for £3.7m. 18-Apr-1996 ED&F Man has decided against completing the acquisition of Vitafoods, the acid oils trader owned by Acatos & Hutcheson. 19-Mar-1996 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007