Seara Alimentos to acquire Bunge's margarine and mayonnaise assets for $131m.

Seara Alimentos, a producer and distributor of pork and poultry products, agreed to acquire Bunge margarine and mayonnaise assets, for $131m. The transaction is subject to regulatory approval. "This transaction further streamlines our operations in Brazil around our core capabilities, while providing good value for a solid business. It also represents another incremental step in executing a key priority of optimizing our overall portfolio," Greg Heckman, Bunge's Chief Executive Officer.