BUNGE TO SELL 35 U.S. GRAIN ELEVATORS TO ZEN-NOH GRAIN
By Karl Plume
CHICAGO, April 21 (Reuters) – Agricultural commodities trader Bunge Ltd said on Tuesday it will sell 35 of its interior U.S. grain elevators to Zen-Noh Grain Corporation, dramatically reducing its grain origination network in the United States.
Financial details of the sale with the subsidiary of Japan’s Zen-Noh Group were not disclosed, and the deal is subject to customary closing conditions and regulatory approvals, Bunge said.