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Bunge Doubles Brazil Sugar bet with $452 Million DealBunge Ltd plans to buy Brazilian sugar and ethanol producer Moema for $452 million, Reuters said, making it Bunge's biggest investment yet in the sugarcane and ethanol industry. Louis Dreyfus also recently bought into the Brazilian business sector, which has seen a significant wave of consolidation in the recent economic crisis.
2009-12-30 - DTN / The Progressive Farmer