Bunge persuades Brazil judge to move Imcopa plant auction; buys time to prepare bid

CJ CheilJedang

06/12/2019 16:12

SAO PAULO, Dec 6 (Reuters) - A Brazilian bankruptcy judge
postponed the auction of two soy crushing plants after U.S-based
grain trader Bunge  BG.N  alleged the seller provided "scarce
and incomplete" information about the assets, according to court
filings seen by Reuters on Friday.
    The sale of the two plants by privately owned Imcopa group
was scheduled for Dec. 4 and is part of the seller's plan to
emerge from bankruptcy. The auction is now scheduled for Feb.
17.

 (Reporting by Ana Mano
Editing by Chizu Nomiyama)
 ((ana.mano@thomsonreuters.com; Tel: +55-11-5644-7704; Mob:
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