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Shares of Olam International Ltd (ADR) (OTC: OLMIY) slipped nearly 2% on Monday on news that it will purchase Archer Daniels Midland Co.'s (NYSE: ADM) cocoa business for $1.3 billion. The Singapore-based Olam will now be in the top-three processors of cocoa beans. Emerging market demand for cocoa is now beginning to rival demand in Europe and the United States. Shares of ADM were flat in premarket hours.