bp’s $1.4bn move: How full control of Bunge’s biofuels venture will change the game
British energy giant bp has announced its intention to acquire the remaining 50% stake in its Brazilian joint venture, bp Bunge Bioenergia S.A., from Bunge Limited. This strategic move will grant bp full ownership of the prominent biofuels producer, a key player in Brazil’s sugarcane and ethanol sector. The deal, valued at approximately $1.4 billion, […]