The South Korean owner of Brazilian soy processor CJ Selecta has put the company up for sale, drawing interest from large international grain traders, according to three sources with knowledge of the ...
SAO PAULO, Oct 10 (Reuters) - Bunge BG.N has agreed to buy South Korean CJ Cheiljedang Corporation's 097950.KS equity stake in Brazilian soy crusher CJ Selecta, according to a statement on Tuesday.
Bunge disclosed the value of the CJ Selecta deal during its call with analysts following the company’s Q3 2023 earnings release last week. It is paying out around US$600m to acquire the Brazilian ...
SAO PAULO, May 10 (Reuters) - The South Korean owner of Brazilian soy processor CJ Selecta has put the company up for sale, drawing interest from large international grain traders, according to three ...