De Brauw advises Bunge Limited on the acquisition of 70% of the shares in Loders Croklaan from IOI Corporation Berhad.
Shearman & Sterling and De Brauw advise Bunge in the acquisition of 70% of the shares in Loders Croklaan from IOI Corporation Berhad for the purchase price of US$ 946 million. AKD advised IOI Corporation Berhad on the sell side.
Bunge, a leading global agribusiness and food company has entered into an agreement to acquire 70% ownership interest in IOI Loders Croklaan, an established leader in the specialty oil & fats business.
Value of transaction
USD 946 million
De Brauw involvement
Legal counsel to Bunge
Other advisors
Bunge financial advisor: J.P. Morgan
IOI Corporation Berhad legal counsel: AKD (Zabdaj Pollen, Lennart Crain, Remco Bosveld)
De Brauw lead partner
Lennard Keijzer
De Brauw team
Heather Giannandrea, Rim Roomberg, Claudia Priem