Bunge said its subsidiary Koninklijke Bunge B.V. entered into a definitive stock purchase agreement with Repsol Industrial Transformation, SLU to divest 40% of Bunge Iberica SA, its Spanish operating subsidiary.

8-KOther EventsFiled Mar 26, 2024Period of report Mar 26, 2024Summary published (UTC) Oct 30, 2026

Key points

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Bunge said its subsidiary Koninklijke Bunge B.V. entered into a definitive stock purchase agreement with Repsol Industrial Transformation, SLU to divest 40% of Bunge Iberica SA, its Spanish operating subsidiary.
The company said the total consideration for the divestiture is $300 million, plus up to $40 million in contingent payments, and that the consideration is subject to adjustments for net working capital and net debt, among other items.
The company said it will continue to operate its 3 plants in Bilbao, Barcelona and Cartagena that produce oils and biofuels, and will also continue to produce protein meals and vegetable oils and distribute agricultural commodities in Spain.
Bunge said completion of the transactions to form the partnership is subject to customary closing conditions, including regulatory approvals.

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Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Bunge agrees to sell 40% stake in Spanish subsidiary

Bunge said its subsidiary Koninklijke Bunge B.V. entered into a definitive stock purchase agreement with Repsol Industrial Transformation, SLU to divest 40% of Bunge Iberica SA, its Spanish operating subsidiary.

Source · Based on the filing body and exhibits

Total consideration $300 million, contingent payments $40 million

The company said the total consideration for the divestiture is $300 million, plus up to $40 million in contingent payments, and that the consideration is subject to adjustments for net working capital and net debt, among other items.

Source · Based on the filing body and exhibits

Bunge to keep operating 3 plants in Bilbao, Barcelona and Cartagena

The company said it will continue to operate its 3 plants in Bilbao, Barcelona and Cartagena that produce oils and biofuels, and will also continue to produce protein meals and vegetable oils and distribute agricultural commodities in Spain.

Source · Based on the filing body and exhibits

Deal closing subject to conditions including regulatory approval

Bunge said completion of the transactions to form the partnership is subject to customary closing conditions, including regulatory approvals.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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