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The transaction encompassed the margarine business in Finland and Poland.
Update on October 8, 2009:
Polish competition authorities has approved the proposed acquisition of the margarine business of Raisio by Bunge.
Announcement (May 14, 2009):
Bunge has entered into an agreement to acquire the margarine business of Raisio.
Roschier, Attorneys, Ltd. is acting as legal advisor to Bunge.
Deal Value (US$ Million) 109.19 Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2009-10-16
Deal Participants
Target 1 (Company) Raisio plc - Margarine Business - Finland Target 2 (Company) Raisio plc - Margarine Business - Poland Acquirer (Company) Bunge Limited Vendor (Company) Raisio plc
Deal Rationale
The sale of margarine business would allow Raisio to focus on grain-based products business.
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