Golbal agri-trade firm Bunge will acquire a 33 per cent stake in Brazil-based Sinagro, an associate company of India’s leading agrochemical firm UPL Ltd.

UPL Ltd and other shareholders in Sinagro Produtos Agropecuarios SA, Brazil (Sinagro) have entered into an agreement with Bunge in this regard.

• Oswal Pumps, Shakti Pumps Rally on Solar Order Wins
• Glenmark, Granules Rally on US Drug Approvals
• Key Factors Behind Today’s Market Rally
• HDFC Bank Shares Climb 3% on Strong Q1 Update
• Overnight Stock Market Movements: Key Developments 

Bunge Ltd will acquire a 33 per cent stake in Sinagro to strengthen its grain orientation strategy in Brazil, UPL said in a regulatory filing.