Bunge Completes Cereol Buyout

Bunge Completes Cereol Buyout

WHITE PLAINS, N.Y.--Bunge Limited (NYSE:BG)announced April 10 it owns 100 percent of Cereol S.A., which had been delistedfrom the Premier March of Euronext Paris (the French stock exchange).Originally, Bunge acquired a 55-percent stake in Cereol from Edison S.p.A. Oct.15, 2002. By Nov. 28, the company had acquired 97.38 percent via a bid foroutstanding shares. Under French law, Bunge was able to launch a minority buyoutoffer for the remaining shares. This acquisition makes Bunge the world's leadingoilseed processor, according to the company.