July 3, 2008
Bunge Limited and Corn Products International in $4.8 Billion Merger Talks, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- Bunge Limited (NYSE:BG) (White Plains, New York) and Corn Products International Inc. (NYSE:CPO) (Westchester, Illinois) have announced merger talks valued at $4.8 billion to combine the companies. Under the terms of the agreement, which has been approved by the boards of directors of both companies, Corn Products stockholders will receive common shares of Bunge with a market value of $56 for each share of Corn Products common stock that they own.
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SOURCE: Industrial Info Resources