COFCO International agrees to buy two sugar mills in Brazil
COFCO International has agreed to buy the Rio Vermelho and Nova Unialco sugar mills in Brazil from fellow crop merchant Bunge. The transaction value was not disclosed.
COFCO International has agreed to buy two sugar mills in Brazil from fellow crop merchant Bunge NYSE:BG, the Chinese-owned firm said in a statement on Tuesday.The deal will cover the Rio Vermelho and Nova Unialco sugar mills.
The value of the transaction was not disclosed.