Bunge Limited and Corn Products International in $4.8 Billion Merger Talks
Posted on July 03, 2008 at 01:00 AM EDT
SUGAR LAND--July 3, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Bunge Limited ( NYSE:BG ) (White Plains, New York) and Corn Products International Incorporated ( NYSE:CPO ) (Westchester, Illinois) have announced merger talks valued at $4.8 billion. 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.