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February 4, 2010
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| 08:13 EDT |  | BG |
| theflyonthewall.com: | Profits remain tight in the food business, WSJ reports | | These days there are no bargains for supermarkets, food distributors, and other companies in the food business, as they hope to see price appreciation as deflation has hurt sales and adversely affected profits, reports the Wall Street Journal. Reference Link :theflyonthewall.com |
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| 06:44 EDT |  | BG |
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| 06:36 EDT | | BG |
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| 06:33 EDT | | BG |
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February 3, 2010
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| 09:22 EDT |  | BG |
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January 27, 2010
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| 10:55 EDT |  | BG |
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| 10:48 EDT |  | BG |
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| 10:45 EDT | | BG |
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| 09:28 EDT | | BG |
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| 08:06 EDT | | BG |
| theflyonthewall.com: | Bunge Limited to sell fertilizer nutrients assets to Vale SA | | Bunge Limited (BG) has entered into a definitive agreement with Vale S.A. (VALE) under which Vale will acquire Bunge's fertilizer nutrients assets in Brazil, including its interest in Fertilizantes Fosfatados for $3.8B in cash. Net proceeds after taxes, transaction fees and expenses will be approximately $3.5B. Under the terms of the agreement, Vale, a Brazil-based global mining company, will acquire Bunge's 42.3% interest in Fosfertil, as well as Bunge's wholly owned phosphate mines and related production facilities in Brazil. The total annual phosphate rock production capacity of Bunge's nutrients assets and its share of Fosfertil is approximately 3 million tons. Bunge will retain its retail fertilizer operations in Brazil and will enter into a supply agreement with Vale through 2012, with an option to extend it for one additional year. Bunge will also retain its fertilizer operations in Argentina and the United States, and its 50% stake in its joint venture with Office Cherifien des Phosphates in Morocco. :theflyonthewall.com |
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