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Bunge Completes Sale of Sugar Trading Operations
Thursday 23 August 2018

23 August 2018 - US-based agribusiness and food company Bunge Ltd. (NYSE: BG) has completed the sale of its international sugar trading operations to Singapore-based sugar trader Wilmar Sugar Pte. Ltd, the company said.

Financial terms were not disclosed.

Bunge is a global agribusiness and food company operating in over 40 countries with approximately 32,000 employees.

The company buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed.

Bunge produces edible oil products for consumers and commercial customers in the food processing, industrial and artisanal bakery, confectionery, human nutrition and food service categories; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertiliser in South America.

Founded in 1818, the company is headquartered in White Plains, New York.
Date Published: 23/08/2018
Target: Bunge/international sugar trading operations
Country: USA
Sector: Agriculture/Forestry
Type: Divestment
Status: Closed
Vendor: Bunge Ltd
Buyer: Wilmar Sugar Pte. Ltd
Terms of the deal were not disclosed