UAE's Mubadala drops out of bidding for Brazil's BP Bunge Bioenergia -source
Yahoo! Finance
UAE state investor Mubadala Capital LLC has dropped out of the process to buy Brazilian sugar and ethanol firm BP Bunge Bioenergia, a source with knowledge of the matter said. A joint venture between BP Plc and Bunge Ltd, BP may decide to buy out its partner, the source added. Mubadala dropped out after concluding talks to acquire another Brazilian ethanol company, Atvos.
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