A PYMNTS Company

Brazil: Antitrust agency clears Black River deal for sugar mills

By  |  December 15, 2015

Brazil’s antitrust regulator CADE approved Black River Asset Management LLC’s acquisition of two sugar mills from Antonio Ruette Agroindustrial Ltda, according to a notice in the country’s official gazette.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    US bases Black River, controlled by U.S. commodity trader Cargill, is buying two installations located in the municipalities of Paraiso and Ubarana in the main cane belt in Sao Paulo state.

    The mills have a combined capacity to process around 3.8 million tonnes of cane per crop-year.

    Full content: AG Week

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.