Loan for the Acquisition of Shares of Companies Engaged in Agriculture and Grain Exports
Supporting Japanese companies' overseas M&A

  • Area: Latin America and the Caribbean
  • Manufacturing and Services

JBIC signed a loan agreement with Sojitz Corporation (Sojitz) to provide a part of the funds necessary to acquire shares in the Brazilian agriculture and grain collection and export companies CANTAGALO GENERAL GRAINS S.A. and CGG TRADING S.A. With the acquisition of these shares, Sojitz seeks to strengthen its agribusiness base by obtaining the right of preferential purchase of Brazilian grains, and also business resources including global procurement and sales networks in agriculture and grain collection and exports. These share acquisitions represent overseas agriculture investments promoted under the Food, Agriculture and Rural Areas Basic Act, among others, and are also consistent with the Japanese food policy.

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