Bunge persuades Brazil decide to maneuver Imcopa plant public sale; buys time to organize bid

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Bunge persuades Brazil decide to maneuver Imcopa plant public sale; buys time to organize bid

SAO PAULO, Dec 6 (Reuters) - A Brazilian chapter decide postponed the public sale of two soy crushi


SAO PAULO, Dec 6 (Reuters)A Brazilian chapter decide postponed the public sale of two soy crushing vegetation after U.S-based grain dealer Bunge BG.N alleged the vendor offered “scarce and incomplete” details about the property, based on courtroom filings seen by Reuters on Friday.

The sale of the 2 vegetation by privately owned Imcopa group was scheduled for Dec. four and is a part of the vendor’s plan to emerge from chapter. The public sale is now scheduled for Feb. 17.

(Reporting by Ana Mano Modifying by Chizu Nomiyama)

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