AgroPages-Bunge, Saudi entity acquire majority stake in CWB in Canada-Agricultural news

G3 Global Grain Group, a new joint venture between U.S. grain trader Bunge Ltd and the Saudi Agricultural and Livestock Investment Co, said Wednesday it is buying a majority stake in the Canadian Wheat Board (CWB) for C$250 million ($200 million).

Winnipeg, Manitoba-based G3 is acquiring a 50.1 percent stake in the CWB with the minority ownership interest being held in trust for the benefit of farmers. The transaction is expected to close in July 2015.

Subscribe Email:		*
Name:
Mobile Number:

A Deep exploration into Regulatory Analysis, Join upcoming <2024 CROs & CRAOs Manual>Magazine

Join 2024 Formulation & Adjuvant Technology Magazine to Show Your Insights and Innovation SolutionsMagazine

BioEx 2024 successfully held: Biological innovation leading the way towards sustainable agricultureEvent

Bunge, Saudi entity acquire majority stake in CWB in Canada

More from AgroNewsChange

Magazine

Hot Topic More

NEWSLETTER