Bunge is selling 35 US elevators or 22% of its US grain handling network to a company which is also a partner in the Grainconnect elevators in western Canada. Bunge has also been continually reducing their ownership in G3 to the Saudis every since the G3 original purchase announcement. Best guess is Bunge has under 25% ownership in G3 now as nothing is published anywhere and I wonder how they are feeling about that holding today.
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Bunge selling elevators
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