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07-25-2008, 08:28 AM
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Infinity BioEnergy to acquire 1.2 million tonne Brazilina sugarcane mill; will expand
In Brazil, Infinity Bio-Energy Ltd said that it had entered into an agreement to acquire the 1.2 million tonne Destilaria Guaricanga sugarcane mill from BER Brasil Energia Renovavel Participacoes, with the deal scheduled to close in September.* The acquisition price was not announced, but the existing plant had assets last December of $205 million and [...]
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