Australia's United Malt agrees to $1b buyout offer from France's InVivo

Australia's United Malt agrees to $1b buyout offer from France's InVivo

United Malt Group Ltd said on Monday it agreed to a A$1.5 billion ($999 million) takeover offer from Malteries Soufflet, a branch of French agribusiness InVivo, in a deal aimed at building the world’s top malt producer.