Categories
Acquisition

UPL announces that Bunge will acquire a 33% stake in Sinagro

UPL Ltd. and other shareholders in Sinagro Produtos Agropecuarios SA., Brazil, (Sinagro) have announced an agreement in which Bunge Ltd. (Bunge) will acquire a 33% stake in Sinagro to strengthen its grain orientation strategy in Brazil. Sinagro is a major reseller of grains and agricultural products with a significant presence in Brazil’s ‘Cerrado’ savanna region. […]