Bunge Confirms Discussions Regarding Potential Sale of Certain Fertilizer Assets in Brazil
15 Enero 2010 - 8:19AM
PR Newswire (US)
WHITE PLAINS, N.Y., Jan. 15 /PRNewswire-FirstCall/ -- Bunge Limited
(NYSE: BG) today confirmed that it is engaged in discussions with
Vale S.A. (NYSE: VALE) regarding Vale's potential acquisition of
Bunge's assets in Brazil relating to its fertilizer mining
business, including its interest in Fertilizantes Fosfatados S.A.
(Fosfertil). Fosfertil disclosed these discussions earlier today,
as required by applicable Brazilian regulation. There can be no
assurance that they will result in any transaction or that any
transaction will be consummated. Bunge does not intend to comment
on any specific discussions or any potential transaction unless and
until it enters into a definitive agreement with respect to a
transaction. About Bunge Limited Bunge Limited
(http://www.bunge.com/, NYSE: BG) is a leading global agribusiness
and food company founded in 1818 and headquartered in White Plains,
New York. Bunge's 25,000 employees in over 30 countries enhance
lives by improving the global agribusiness and food production
chain. The company supplies fertilizer to farmers; originates,
transports and processes oilseeds, grains and other agricultural
commodities; produces food products for commercial customers and
consumers; and supplies raw materials and services to the biofuels
industry. Cautionary Statement Concerning Forward-Looking
Statements This press release contains both historical and
forward-looking statements. All statements, other than statements
of historical fact are, or may be deemed to be, forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements are not based
on historical facts, but rather reflect our current expectations
and projections about our future results, performance, prospects
and opportunities. We have tried to identify these forward-looking
statements by using words including "may," "will," "should,"
"could," "expect," "anticipate," "believe," "plan," "intend,"
"estimate," "continue" and similar expressions. These
forward-looking statements are subject to a number of risks,
uncertainties and other factors that could cause our actual
results, performance, prospects or opportunities to differ
materially from those expressed in, or implied by, these
forward-looking statements. The following important factors, among
others, could affect our business and financial performance:
industry conditions, including fluctuations in supply, demand and
prices for agricultural commodities and other raw materials and
products used in our business, fluctuations in energy and freight
costs and competitive developments in our industries; the effects
of weather conditions and the outbreak of crop and animal disease
on our business; global and regional agricultural, economic,
financial and commodities market, political, social and health
conditions; the outcome of pending regulatory and legal
proceedings; our ability to complete, integrate and benefit from
acquisitions, dispositions, joint ventures and strategic alliances,
including the potential transactions discussed in this press
release; changes in government policies, laws and regulations
affecting our business, including agricultural and trade policies,
tax regulations and biofuels legislation; and other factors
affecting our business generally. The forward-looking statements
included in this release are made only as of the date of this
release, and except as otherwise required by federal securities
law, we do not have any obligation to publicly update or revise any
forward-looking statements to reflect subsequent events or
circumstances. DATASOURCE: Bunge Limited CONTACT: Investor, Mark
Haden, +1-914-684-3398, , Media, Susan Burns, +1-914-684-3246, ,
both of Bunge Limited Web Site: http://www.bunge.com/
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