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Bunge Acquires Corn Products International

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By: Sean Moloughney

Editor, Nutraceuticals World

In an all-stock transaction, Bunge Limited, White Plains, NY, entered into an agreement to purchase Corn Products International, Westchester, IL, in late June. The move is expected to add higher-margin starch and sweetener products to Bunge’s product portfolio, while expanding operations in important growth markets and diversifying revenue streams. The aggregate transaction value is approximately $4.8 billion, including assumption of approximately $414 million of Corn Products’ net debt.

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