Copersucar buys all Cargill shares in Alvean

Copersucar agreed to buy Cargill shares in Alvean, becoming the sole shareholder in the world’s largest sugar trading company. The transaction announced on Tuesday has already been submitted to the antitrust regulator CADE and depends on the approval of the agency. The purchase price of Cargill’s 50% stake was not disclosed. Sources say Copersucar will pay with funds from its own cash flow.

Source: Valor International