Bunge to acquire 70% stake in IOI Loders Croklaan for $946 million

Bunge agreed to acquire a 70% ownership interest in IOI Loders Croklaan, a B2B oils solutions provider, for a deal value of $946 million, including EUR 297 million and $595 million in cash, with about $15 million in year-one cost synergies.

“Bunge to acquire 70pct ownership interest in IOI loders Croklaan to create a leading solutions provider in B2B Oils.”reuters.com

• 1 source
• reuters.comBunge to acquire 70pct ownership interest in IOI Loders Croklaan to create a leading solutions provider in B2B oilsSep 12, 2017

Summarized from public sources; check the original articles before acting on it.