Bunge to pay $108.5 million for margarine business
Bunge Ltd., the White Plains agribusiness giant, agreed to pay $108.5 million to buy the margarine business of Raisio Oyj, an agricultural and food products company based in Finland.
Bunge Limited today announced that it has successfully completed the previously announced sale of its Brazilian fertilizer nutrients assets in Brazil to Vale SA, including its 42.3% interest in Fertilizantes Fosfatados SA. Net proceeds after taxes, transaction fees and expenses are approximately $3.5 billion, subject to certain post-closing adjustments.