October 25, 2019 / 4:05 PM / 25 days ago

Bunge, CJ Selecta, Sodrugestvo vie for Imcopa soy crushing assets

SAO PAULO, Oct 25 (Reuters) - Brazilian grain crusher Imcopa Importação, Exportação e Indústria de Óleos SA has attracted at least three bidders for its Cambé and Araucária soy processing plants, which will be sold to repay creditors under the terms of a restructuring approved by the company's lenders in late 2017.

According to two sources familiar with the bidding process, the three potential contenders are U.S.-based Bunge Inc, CJ Selecta, owned by South Korea's CJ Cheiljedang, and the local unit of Russia's Sodrugestvo.

$1 = 4.0152 reais Reporting by Ana Mano,Editing by Franklin Paul

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