je.st
news
Saudi firm, Bunge to buy majority stake in Canadian grain handler
2015-04-16 04:34:07| Food - Topix.net
Saudi Arabia's state-owned agricultural investment firm and U.S. grain trader Bunge Ltd will buy a controlling stake in Canadian grain handler CWB in a bold move by the Gulf state to secure food supplies. G3 Global Grain Group, a joint venture of Bunge and Saudi Agricultural and Livestock Investment Co , said on Wednesday it will buy a 50.1 percent stake in CWB for C$250 million .
Tags: buy
firm
majority
canadian
Category:Food and Related Products
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||