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Bunge Plans to - Significantly' Reduce Asset-Management Business

2015-04-09 15:40:32| Agriculture - Topix.net

Bunge Ltd., a global agricultural-commodity trader, has decided to "significantly scale down" its asset- management unit, including its Climate Change Capital subsidiary, as it seeks to boost returns from core businesses. Bunge will "focus more on partnerships with industrial and strategic financial investors," Susan Burns, a spokeswoman for the White Plains, New York-based company, said in an e-mail.

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