As family ties shift, could Cargill go public?

Jul 28, 2011 at 08:31 AM CST
With more than $107 billion in revenue, Cargill Inc. Cargill Inc. Latest from The Business Journals Five Wichitans named to Brownback's Council of Economic AdvisorsLiberty buying old Tonka Toys HQMosaic sales, profits skyrocket on higher prices Follow this company holds a claim as the world's largest private company. But are family members interested in keeping it that way? That's the theme of a corporate profile of Cargill by Bloomberg, which is fascinating both for its illustration of just how big Cargill is -- "they're not part of the food chain; they are the chain," one observer notes -- and its depiction of the family history and relationships that built the company. The company might go public within a decade, the report suggested, citing lawyer R. Daniel Clemente, who advised family members through 2005 and still talks with James Cargill II, the founder's grandson. Cargill doesn't need to become publicly traded, but the younger generation of the family owners may be less interested in keeping it private, the Bloomberg story said. View Original Post

Jul 28, 2011 at 08:31 AM CST

With more than $107 billion in revenue, Cargill Inc. Cargill Inc. Latest from The Business Journals Five Wichitans named to Brownback's Council of Economic AdvisorsLiberty buying old Tonka Toys HQMosaic sales, profits skyrocket on higher prices Follow this company holds a claim as the world's largest private company. But are family members interested in keeping it that way? That's the theme of a corporate profile of Cargill by Bloomberg, which is fascinating both for its illustration of just how big Cargill is -- "they're not part of the food chain; they are the chain," one observer notes -- and its depiction of the family history and relationships that built the company. The company might go public within a decade, the report suggested, citing lawyer R. Daniel Clemente, who advised family members through 2005 and still talks with James Cargill II, the founder's grandson. Cargill doesn't need to become publicly traded, but the younger generation of the family owners may be less interested in keeping it private, the Bloomberg story said. View Original Post