Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Bunge Ltd    BG   BMG169621056

BUNGE LTD (BG)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

DuPont Buys Full Ownership Of Solae Venture From Partner Bunge

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/01/2012 | 04:05pm CEST

DuPont Co.'s (DD) acquired full ownership of Solae LLC, its soy-based ingredients venture with Bunge Ltd. (>> Bunge Limited), as it looks to expand its position in the food ingredients market.

DuPont previously owned 72% of the venture while Bunge owned the remaining 28%.

Financial terms of the deal weren't disclosed.

The companies formed the venture in early 2003 to produce and distribute specialty food ingredients. At that time, DuPont estimated initial global revenue from Solae to exceed $800 million annually. In exchange for its specialty-food-ingredients businesses in 2003, Bunge was to receive the 28% interest in the venture plus an estimated $260 million, which was funded by joint-venture debt.

DuPont said its long-term segment financial targets are to post a 7% to 9% compound annual growth rate for sales and to expand pretax earnings margins 12% to 14%. With full ownership of Solae, DuPont expects to reach the upper end of its margin targets with planned synergies.

The chemicals giant last month reported its first-quarter profit rose 4% as higher pricing and a jump in sales of agricultural products contributed to a 12% sales increase.

-By Melodie Warner, Dow Jones Newswires; 212-416-2283; [email protected]

Stocks mentioned in the article : Bunge Limited
Stocks mentioned in the article
ChangeLast1st jan.
BUNGE LTD -2.60% 73.73 Delayed Quote.12.85%
E I DU PONT DE NEMOURS AND CO 0.00%-End-of-day quote.14.35%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BUNGE LTD
04/18BUNGE : Updated Online Tool Helps Plan Sustainable Agricultural Expansion
PU
04/12BUNGE : Schedules First Quarter 2018 Earnings Release and Conference Call 
AQ
04/11BUNGE LIMITED : Schedules First Quarter 2018 Earnings Release and Conference Cal..
PR
03/29BUNGE : Pressure builds on Bunge with struggle to give up sugar
RE
03/28German tax office examining ADM over legacy trading earnings
RE
03/23BUNGE LTD : Change in Directors or Principal Officers (form 8-K)
AQ
03/21U.S. Farm Sector Looks Warily at China Tariff Threats
DJ
03/20Glencore sees Rosneft shares still going to China's CEFC
RE
03/19BUNGE LIMITED : Addresses NGFA Annual Convention
PR
03/14BUNGE LIMITED : Declares Dividends on Common and Preference Shares
PR
More news
News from SeekingAlpha
04/20BLOOMBERG : ADM, Bunge talks end without merger deal 
04/19REPORT : Glencore to make new takeover bid for Bunge 
04/06Soft commodities, farm equipment makers slump on tariff threat 
04/04Is Bunge About To Be Bought? 
04/04Soybean producers hit hard in China tariffs 
Financials ($)
Sales 2018 47 800 M
EBIT 2018 1 085 M
Net income 2018 673 M
Debt 2018 3 269 M
Yield 2018 2,48%
P/E ratio 2018 16,11
P/E ratio 2019 13,98
EV / Sales 2018 0,29x
EV / Sales 2019 0,27x
Capitalization 10 389 M
Chart BUNGE LTD
Duration : Period :
Bunge Ltd Technical Analysis Chart | BG | BMG169621056 | 4-Traders
Technical analysis trends BUNGE LTD
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 86,1 $
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Soren W. Schroder Chief Executive Officer & Director
L. Patrick Lupo Non-Executive Chairman
Thomas Michael Boehlert Chief Financial Officer
Enrique H. Boilini Independent Director
Ernest G. Bachrach Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
BUNGE LTD12.85%10 389
NESTLÉ-10.26%239 909
THE KRAFT HEINZ COMPANY-25.13%70 959
MONDELEZ INTERNATIONAL-6.29%59 492
DANONE-5.10%54 701
ASSOCIATED BRITISH FOODS-6.70%29 154