Deal would have increased number of Bunge oilseeds processing plants in Brazil to 10
来源:Reuters
Bunge’s agreement to buy two soy-processing facilities in Brazil has been canceled amid a protracted, multi-jurisdictional legal battle involving Imcopa, the seller of the assets, according to documents related to the disputes seen byReuters.
The U.S.-based grain trader, which declined to comment on the cancellation,signed a commitmentto buy the two facilities from Imcopa in May 2020.
The deal would have increased the number of Bunge oilseeds processing plants in Brazil from eight to 10.
The seller told the court that legal disputes involving the brewer that had a lease agreement to operate the two plants wanted by Bunge, as well as interference from two Panama-based entities which claim to be creditors unravelled the deal.
US Corn Price Idx:ZCPAUS.CM
open: 7.6273
high: 7.741
low: 7.6223
close: 7.7113
US Soybean Price Idx:ZSPAUS.CM
open: 16.9414
high: 17.1044
low: 16.9237
close: 16.9795
US Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 11.718
high: 11.9549
low: 11.658
close: 11.7977
US Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 10.8628
high: 11.0906
low: 10.8128
close: 10.9646
Copyright © 2022 WATT Global Media. Allmarket datais provided by Barchart Solutions. Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please seedisclaimer.
