Key Developments: Bunge Ltd (BGEPF.PK)

BGEPF.PK on OTC Markets Group

109.00USD
22 Oct 2014
Price Change (% chg)

$0.50 (+0.46%)
Prev Close
$108.50
Open
$108.00
Day's High
$109.00
Day's Low
$108.00
Volume
1,474
Avg. Vol
28,255
52-wk High
$110.85
52-wk Low
$100.77

Search Stocks

Latest Key Developments (Source: Significant Developments)

Bunge Ltd declares dividends on common and preference shares
Wednesday, 6 Aug 2014 05:14pm EDT 

Bunge Ltd:Declares a regular quarterly cash dividend of $0.34 per common share.Payable on Dec. 2 to shareholders of record on Nov. 18.Says it also declared a quarterly cash dividend of $1.21875 per share on its 4.875 pct cumulative convertible perpetual preference shares.Payable on Dec. 1 to shareholders of record on Nov. 15.  Full Article

Bunge Ltd increases quarterly dividend on common shares and declares dividends on preference shares
Thursday, 22 May 2014 05:33pm EDT 

Bunge Ltd:Approves increase in company's regular quarterly cash dividend, from $0.30 to $0.34 per common share.Payable on Sept 02, 2014, to shareholders of record on Aug. 19, 2014.Also declares quarterly cash dividend of $1.21875 per share on its 4.87 pct cumulative convertible perpetual preference shares.Payable on Sept. 01, 2014, to shareholders of record on Aug. 15, 2014.  Full Article

Bunge Ltd declares dividends on common and preference shares
Friday, 28 Feb 2014 04:35pm EST 

Bunge Ltd:Declares a regular quarterly cash dividend of $0.30 per common share.Payable on Jun. 2 to shareholders of record on May 16.Says the company also declared a quarterly cash dividend of $1.21875 per share on its 4.875 pct cumulative convertible perpetual preference shares.Payable on Jun. 1 to shareholders of record on May 15.  Full Article

Bunge Ltd's Bunge North America Purchases Corn Masa Flour Mill
Friday, 7 Feb 2014 04:44pm EST 

Bunge North America, the North American operating arm of Bunge Ltd:Says it has purchased the assets of Corn Flour Producers, LLC.Financial terms of the acquisition have not been released.Says Corn Flour Producers operates one plant in Worthington, Ind., and mills a wide variety of premium corn masa flours used in the production of tortillas and corn chips.  Full Article

Bunge Ltd declares dividends on common and preference shares
Friday, 6 Dec 2013 08:00am EST 

Bunge Ltd:Says its Board of Directors has declared a regular quarterly cash dividend of $0.30 per common share.Says dividend is payable on Mar. 3, 2014 to shareholders of record on Feb.18, 2014.Says it also declared a quarterly cash dividend of $1.21875 per share on its 4.875% cumulative convertible perpetual preference shares, payable on Mar.1, 2014 to shareholders of record on Feb.15, 2014.  Full Article

Bunge Ltd announces resignation of executive chairman
Friday, 6 Dec 2013 08:00am EST 

Bunge Ltd:Says Alberto Weisser will resign from its Board of Directors effective Dec.31, concurrent with his planned retirement as executive chairman.Says Weisser has served as executive chairman since June 2013, and previously served as chairman and CEO since 1999.Says it has appointed L. Patrick Lupo to succeed Weisser as non-executive chairman, effective Jan.1, 2014.Says Lupo has been a member of Bunge's Board since 2006 and currently serves as deputy chairman and lead independent director, as well as chairman of the Compensation Committee.  Full Article

Bunge Ltd May Sell Brazil Sugar Unit-Reuters
Thursday, 24 Oct 2013 01:56pm EDT 

Reuters reported that Bunge Ltd's new Chief Executive signaled plans to shed its Brazilian sugar milling business. The company has not yet discussed a potential sale of the milling unit with any suitors, Schroder later told Reuters in an interview. The replacement value of its milling assets is more than $3 billion, he said.  Full Article

Bunge Ltd's Bunge North America Agrees To Buy Wheat Milling Business Of Grupo Altex S.A. de C.V.
Wednesday, 23 Oct 2013 05:00pm EDT 

Bunge North America, the North American operating arm of Bunge Ltd announced that it has agreed to buy the wheat milling business of Grupo Altex S.A. de C.V. Financial terms were not disclosed. The purchase is expected to close by the end of the year subject to regulatory approval and customary closing conditions. Mexican wheat miller, Grupo Altex operates six mills with an annual processing capacity of approximately 800 thousand metric tons. In addition to the mills, Bunge is acquiring Grupo Altex's product brands and its innovation center. Bunge was advised by Rothschild and Rabobank on the transaction.  Full Article

Augustea Atlantica S.p.A. and Bunge Ltd Announce New Partnership with York Capital Management
Thursday, 17 Oct 2013 05:15pm EDT 

Augustea Bunge Maritime Limited (ABML), a joint venture company of Augustea Atlantica S.p.A. and Bunge Ltd, announced the formation of a new joint venture with York Capital Management. The new company, ABY Holding Limited (ABY), will operate an independent fleet of ocean-going dry-bulk vessels. The Malta-based venture intends to grow through the acquisition and chartering of modern ships. The ABY fleet currently includes two ships that are in-service, the ABML Eva (106kdwt, built in 2012) and the ABML Grace (172kdwt, built in 2002). ABY also owns three additional ships that are under construction at top Japanese shipyards. ABML will bring the combined expertise of its partners to the new venture, with Augustea providing technical management and a Bunge subsidiary providing advisory services. Koert Erhardt, Managing Director of ABML, will lead the joint venture and continue to build on the commercial success of ABML since its launch in 2011. The partnership with York will further the commercial goals of ABML by expanding the resources available to build a fleet of scale.  Full Article

Yara International ASA Closes Acquisition of Bunge Ltd's Fertilizer Business in Brazil
Friday, 9 Aug 2013 02:01am EDT 

Yara International ASA announced that it has closed its acquisition of Bunge Ltd's fertilizer business in Brazil. The transaction is valued at USD 750 million and comprises a net operating capital value of USD 385 million and other assets valued at USD 365 million, with the operating capital value subject to post-closing adjustment. The Company is targeting USD 50 million annual synergies from 2014. The Company will consolidate the acquired business effective August 1, 2013, including possible goodwill, and measure all identifiable assets acquired and liabilities assumed at their acquisition-date fair values.  Full Article

REFILE-Bunge sees sharp drop in Black Sea vegoils exports this season

BARCELONA, Oct 7 - Vegetable oil exports out of the Black Sea should fall significantly this year mainly due to a weather-hit sunflower seed crop, but they will remain the second largest on record, international trading house Bunge said on Tuesday.

Search Stocks