Market Overview

Singapore's GIC Acquires 5% of Bunge


The Government of Singapore Investment Corp (GIC) has purchased a 5% stake in Bunge Ltd (NYSE: BG), according to a filing with the Securities and Exchange Commission.

GIC said in a filing to the SEC, that it had acquired 7.305 million shares of Bunge Ltd, valuing its stake at $496 million.

Bunge shares closed at $67.83 yesterday.

Posted-In: stakeNews M&A


Related Articles (GIC + BG)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→