Archer Daniels Midland sells stake in Brazilian export terminal

• Archer Daniels Midland (NYSE:ADM -0.7%) announces it will sell a 50% stake in a export terminal in Brazil to Glencore.
• The joint venture that will run the facility aims to quadruple capacity to 6M metric tons.
• Terms of the deal weren't disclosed.
• A closing is expected in the first half of the year.
• Previously: ADM reports heavy profit rise, misses revenue forecast