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BUNGE LIMITED

(BG)
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Bunge : completes sale of 35 U.S. grain elevators (Form 8-K)

07/13/2021 | 05:31pm EDT
Bunge completes sale of 35 U.S. grain elevators

St. Louis, Missouri - July 9, 2021 - Bunge Limited (NYSE: BG) announced today that is has completed the previously announced sale of 35 U.S. interior elevators to Zen-Noh Grain Corporation.

About Bunge
At Bunge (www.bunge.com, NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. With more than two centuries of experience, unmatched global scale and deeply rooted relationships, we work to put quality food on the table, increase sustainability where we operate, strengthen global food security, and help communities prosper. As the world's leader in oilseed processing and a leading producer and supplier of specialty plant-based oils and fats, we value our partnerships with farmers to improve the productivity and environmental efficiency of agriculture across our value chains and to bring quality products from where they're grown to where they're consumed. At the same time, we collaborate with our customers to create and reimagine the future of food, developing tailored and innovative solutions to meet evolving dietary needs and trends in every part of the world. Our Company is headquartered in St. Louis, Missouri, and we have more than 23,000 dedicated employees working across more than 350 facilities located in more than 40 countries.

Website Information
We routinely post important information for investors on our website, www.bunge.com, in the 'Investors' section. We may use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

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Disclaimer

Bunge Ltd. published this content on 13 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2021 21:30:09 UTC.


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Sales 2021 55 511 M - -
Net income 2021 1 615 M - -
Net Debt 2021 5 698 M - -
P/E ratio 2021 7,24x
Yield 2021 2,75%
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EV / Sales 2022 0,29x
Nbr of Employees 23 000
Free-Float 83,6%
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Mean consensus OUTPERFORM
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Last Close Price 77,29 $
Average target price 93,40 $
Spread / Average Target 20,8%
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Gregory A. Heckman Chief Executive Officer & Director
John W. Neppl Chief Financial Officer & Executive Vice President
Kathleen W. Hyle Non-Executive Chairman
Julio Garros President-Agribusiness Development & Operations
Carol Martha Browner Independent Director
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