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BUSINESS ACQUISITIONS
6 Months Ended
Jun. 30, 2017
BUSINESS ACQUISITIONS  
BUSINESS ACQUISITIONS

4.             BUSINESS ACQUISITIONS

 

On February 28, 2017, Bunge closed on the acquisition of two oilseed processing plants and related operations in the Netherlands and France pursuant to an agreement with Cargill, Inc. Bunge paid a total purchase price of approximately $344 million, subject to adjustments for working capital. The purchase price allocation resulted in $109 million allocated to property, plant and equipment, $125 million to other net assets and liabilities and $7 million to finite-lived intangible assets. The transaction also resulted in $103 million of goodwill allocated to Bunge’s agribusiness operations.