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Bunge Goes Long Ethanol By Acquiring Brazil's Usina Moema

December 2009 | M&A Analysis

US agribusiness company Bunge already has more than 250 facilities in Brazil, but its US$1.5bn acquisition of Usina Moema Participacoes differs. Usina Moema owns a sugar-cane mill, ownership interest in five others for US$452mn in stock and gives Bunge direct exposure to the ethanol business.

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