New York, June 23, 2008—Shearman & Sterling represented Bunge Limited in its agreement to acquire Corn Products International Inc. in an all-stock transaction—a transaction that is expected to create a larger, more diversified and competitive global provider of agribusiness and food products. The transaction value is approximately $4.8 billion.

Bunge Limited is a leading global agribusiness and food company founded in 1818 and headquartered in White Plains, NY, with over 25,000 employees in over 30 countries. The company supplies fertilizer to farmers in South America, originates, transports and processes oilseeds, grains and other agricultural commodities worldwide, produces food products for commercial customers and consumers and supplies raw materials and services to the biofuels industry. Corn Products International, headquartered in Westchester, IL, is one of the world's largest corn refiners and a major supplier of high-quality food ingredients and industrial products derived from the wet milling and processing of corn and other starch-based materials.

The principal attorneys in the transaction are partners John Madden (New York-Mergers & Acquisitions), Clare O’Brien (New York-Mergers & Acquisitions), Kenneth Laverriere (New York-Executive Compensation & Employee Benefits), Don Lonczak (New York-Tax), and Kenneth Prince (New York-Antitrust), counsel John Morrison (New York-Executive Compensation & Employee Benefits) and Lisl Dunlop (New York-Antitrust), and associates Andrew Noreuil (New York-Mergers & Acquisitions), Michael Brueck (New York-Mergers & Acquisitions), Andrew Kelly (New York-Mergers & Acquisitions), Adam Kaminsky (New York-Executive Compensation & Employee Benefits) and Ethan Harris (Washington, DC-Tax).

For additional information contact:
Ron Brandsdorfer | New York | T +1.212.848.5081 |