CWB Sold to Bunge, Saudi Consortium

Group Buys 50.1% Stake for C$250 Million

When farmers deliver grain to the CWB, they will receive equity equal to $5 per metric ton in CWB in addition to market value for their grain. For example, if a farmer delivers 2,000 mt, they will receive $10,000 equity. (Logo courtesy of CWB)
When farmers deliver grain to the CWB, they will receive equity equal to $5 per metric ton in CWB in addition to market value for their grain. For example, if a farmer delivers 2,000 mt, they will receive $10,000 equity. (Logo courtesy of CWB)
A newly established joint venture, called G3 Global Grain, will acquire a 50.1% stake in Canadian grain handler CWB for C$250 million. The deal is set to close in July 2015.

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