Bunge seeks investors for Brazil land fund

Reuters
Wed May 19, 2010 11:21am EDT
By Carey Gillam

* Investment fund would be weighted to sugar properties
* Still gauging investor interest
* Sees fund topping $100 million

NEW YORK, May 19 (Reuters) - Global agribusiness and food company Bunge Ltd (BG.N) is gauging investor interest for the launch of an investment fund that would buy land in Brazil to
take advantage of demand for sugar and sugar-based ethanol, the company's chief financial officer said on Wednesday. The offering would build on Bunge's expanding presence in the sugar industry in Brazil and is one of many new investment vehicles by a range of companies and investment groups that are funneling capital into global agriculture.

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