STALEY &lt;STA> SELLS INTEREST IN SPANISH VENTURE
  Staley Continental Inc
  said it sold its 50 interest in Sociedad Iberica de
  Molturacion, S.A. (Simsa), a soybean and sunflower seed
  processing company based in Madrid, Spain.
      Staley's investment in Simsa no longer fit its overall
  coporate strategy and an agreement to sell the interest was
  completed in May, it said.
      Staley said the Simsa transaction will not have a material
  effect on its balance sheet.
  

