Tuesday, May 1, 2012

Reuters: Mergers News: DuPont buys Bunge's stake in soy JV for $440 mln

Reuters: Mergers News
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DuPont buys Bunge's stake in soy JV for $440 mln
May 1st 2012, 13:31

Tue May 1, 2012 9:31am EDT

May 1 (Reuters) - DuPont bought out Bunge Ltd's stake in their soy-based ingredients joint venture, Solae LLC, for $440 million to enhance its position in food ingredients.

DuPont previously owned 72 percent of the joint venture while Bunge owned the remaining 28 percent.

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