Rumo to sell stake in Brazil port terminal to Bunge, Zen-Noh for $115 million-March 2024-www.financetom.com

Rumo to sell stake in Brazil port terminal to Bunge, Zen-Noh for $115 million

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Rumo to sell stake in Brazil port terminal to Bunge, Zen-Noh for $115 million

May 29, 2024 2:42 PM

SAO PAULO, May 29 (Reuters) - Brazilian rail operator

Rumo ( RUMOF ) has signed a binding agreement to sell its 50%

stake in a terminal at the Santos port to a consortium formed by

Bunge Alimentos and Zen-Noh Grain Corp for 600 million reais

($115.3 million), it said on Wednesday.

($1 = 5.2018 reais)

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