BUSINESS

Bunge to Pick 33% Stake in UPL’s Associate Firm Sinagro in Brazil

Picture Source: Internet

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.

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.

Click here to check market prediction for next trading session.

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.



πŸ“°
News
πŸ“ˆ
Prediction
πŸ“Š
FII / DII
πŸ‘”
Advisory
Get 1-2 Index Option Trades Daily