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Bunge Ltd.


Bunge Ltd. notified U.S. regulators of a public stock offering to raise as much as $317 million to reduce debt. Bunge plans to sell 17.6 million common shares between $16 and $18 each. The company could make between $282 million and $317 million and have a potential market value of about $1.5 billion based on 82 million common shares outstanding, the company said in a filing with the Securities and Exchange Commission.

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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:initial public offering planned
Publication:Agri Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 1, 2001
Words:75
Previous Article:Agricore and UGG, both of Winnipeg, Manitoba, Canada, agreed to a merger plan creating Agricore United, western Canada's leading agri-business.(Brief...
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