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Bunge Global shares jump on agreement to sell two Brazilian sugarcane mills

Bunge Global shares rose 2.8% in the afternoon session after the company announced an agreement to sell two Brazilian sugarcane mills to COFCO International.

BG

What Happened? Shares of global agribusiness company Bunge Global NYSE:BG jumped 2.8% in the afternoon session after the company announced an agreement to sell two of its Brazilian sugarcane mills to COFCO International.

According to StreetInsider, Bunge will divest the Rio Vermelho and Nova Unialc…