Bunge investing in Mexico corn milling business

Bunge will manage four of Grupo Minsa's corn flour mills in Mexico and two mills in U.S.

Bunge North America, the North American operating arm of Bunge Ltd., announced Aug. 30 that it has reached a subscription agreement to invest in Grupo Minsa S.A.B. de C.V., a leading corn flour producer in Mexico, securing a controlling financial interest in the company.

The transaction is expected to close in early 2017, subject to authorization of the Mexican Antitrust Commission, the successful delisting of Gropo Minsa from the Mexican Stock Exchange and other customary closing

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