News Summary

Shares of Visa Inc (NYSE:
V
MITSY
) agreed to buy a 9% stake in shale gas fields in Poland from Marathon Oil Corporation (NYSE:
MRO
). The company did not comment on financial terms of the deal. Marathon Oil will lower its stake to 51%. In April, MRO announced that Canadian producer Nexen Inc (NYSE:
NXY
) would buy a 40% working interest in the concessions. The closing of the deal is contingent on approval by Poland's government. Shares of J.M. Smucker Co (NYSE:
SJM
SBGSY
) reported that it purchased China's Leader Harvest Power Technologies. The company didn't provide financial details of the deal. Read more
from Benzinga's Markets.
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