Singapore's GIC Acquires 5% of Bunge

The Government of Singapore Investment Corp (GIC) has purchased a 5% stake in Bunge Ltd 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.