Bunge North America announced last week that it will sell 35 U.S. grain origination elevators along the Mississippi River to Zen-Noh Grain Corp. (ZGC) The completion of the sale is subject to customary closing conditions, including regulatory approval.
Zen-Noh is a subsidiary of the National Federation of Agricultural Cooperative Associations of Japan (Zen-Noh).
“This transaction will allow Bunge to operate more efficiently and reinvest in higher returning areas of the company while reducing...