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Bunge Limited announces that its European operating arm, Bunge Europe, has signed a preliminary agreement to acquire Polish edible oil and margarine producer Kama Foods from bankruptcy receivership.


Bunge Limited announces that its European operating arm, Bunge Europe, has signed a preliminary agreement to acquire Polish edible oil and margarine producer Kama Kama (kä`mə), river, c.1,260 mi (2,030 km) long, E European Russia, the chief left tributary of the Volga. It rises in the foothills of the central Urals and flows N, then E, and then SW past Perm, Sarapul, and Chistopol to join the Volga below Kazan. The Vyatka is its principal tributary. Foods from bankruptcy receivership, through EWICO, a limited liability
Limited Liability
A type of liability that does not exceed the initial amount a person invested into a partnership.

Notes:
Limited liability refers to the terms of limited partnerships, which comprise at least one general partner, who takes on unlimited liability, and one or more limited partners, who would never lose more than their original initial investment in fulfilling the partnership's obligations.
 company in Poland. Bunge Europe owns a 50 percent stake in EWICO, with the remaining shares owned by an individual investor. "This strategic acquisition is part of Bunge's continued expansion in Eastern Europe," said Jean-Louis Gourbin, CEO of Bunge Europe. "It will allow Bunge to build closer relationships with farmers and to better serve customers and consumers in Poland."
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:At Closing News; Bunge Ltd.
Publication:Agri Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 1, 2004
Words:92
Previous Article:Archer Daniels Midland Company, Decatur, Ill., announces that its wholly owned subsidiary, ADM Agri-Industries Company, has agreed to purchase...
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