Bunge To Sell Brazilian Fertilizer Nutrients Assets To Vale For $3.8 Billion In Cash
The transaction, which is subject to customary closing conditions, including the receipt of governmental approvals relating to certain mining concessions, is anticipated to close in the second quarter of 2010.
Credit Suisse AG acted as financial advisor and Souza Cescon Barrieu & Flesch Advogados and Shearman & Sterling LLP acted as legal advisors in Brazil and the U.S., respectively, for Bunge in this transaction.
Conference Call and Webcast Details
Bunge Limited's management will host a conference call today at 10:00 a.m. EST to discuss the transaction.Additionally, a slide presentation to accompany the discussion can be found in the "Investor Information" section of our Web site, www.bunge.com, under "Investor Presentations." To listen to the conference call, please dial (800) 344-6698. If you are located outside of the United States or Canada, dial (785) 830-7979. Please dial in five to 10 minutes before the scheduled start time. When prompted, enter confirmation code 4425322. The conference call will also be available live on the company's Web site at www.bunge.com. To access the webcast, click the "Investor Information" link on the Bunge homepage, then select "Webcasts and News Alerts". Click on the link for the "Bunge Limited Transaction Conference Call," and follow the prompts to join the call. Please go to the Web site at least 15 minutes prior to the call to register and to download and install any necessary audio software. For those who cannot listen to the live broadcast, a replay of the call will be available later in the day on January 27, 2010, and continuing through February 26, 2010. To listen to the replay, please dial (888) 203-1112 or, if located outside of the United States or Canada, dial (719) 457-0820. When prompted, enter confirmation code 4425322. A rebroadcast of the conference call will also be available on the company's Web site. To locate the rebroadcast, click on the "Investor Information" link on the Bunge homepage, then select "Audio Archives." Follow the prompts to access the replay.
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