By Ana Mano
By Ana Mano
SAO PAULO, Feb 18 (Reuters) – Bunge Ltd BG.N has agreed to purchase two soy processing vegetation in Brazil and assume debt from native crusher Imcopa, two individuals aware of the matter mentioned on Tuesday.
Bunge agreed to pay about 50 million reais ($12 million) for the vegetation and assume debt of round 1 billion reais associated to the 2 vegetation within the state of Paraná, in response to the sources, who requested anonymity as a result of the deal is just not but public.
Bunge, already the most important soy processor in Brazil, and Imcopa, now restructuring debt in chapter courtroom, didn’t instantly reply to requests for remark.
On Imcopa’s web site, the corporate touts capability to crush 1.5 million tonnes of soybeans per yr, producing as much as 240,000 tonnes of soy protein focus.
The minimal asking worth of every of the vegetation was 25 million reais in an public sale scheduled for Feb. 17, in response to chapter courtroom paperwork. The debt hooked up…