Bunge
USABunge is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients.
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Local operators take ownership of five facilities; sixth sale pending government clearance.
Projected adjusted earnings per share lowered to a range of $7.30–$7.60.
Companies add new crops and facilities as more farmers adopt conservation practices.
Move is part of Bunge’s strategy to streamline operations and refocus on core global business.
The approval conditions include divestitures, but some argue they are insufficient to ensure competition.
Agreement with BP marks strategic shift for Bunge.
New partnership aims to train over 1,000 Indonesian smallholders in eco-friendly practices, aligning with global deforestation goals.
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