Gavilon is an owner at Kalama Export.

Gavilon is an owner at Kalama Export.

Global trading companies including Swiss Glencore and U.S.-based Bunge have expressed interest in the possible sale of U.S. energy and grains trader Gavilon Group, according to a source familiar with the matter.

Bids are due soon for the potential sale, which could be worth up to $5 billion, the source said. … Bloomberg previously reported the news and said that other potential bidders include Wilmar International (WLIL.SI), which does not have a significant footprint in the United States, and Japanese trader Mitsui & Co (8031.T).

Private equity funds have been excluded from the bidding, while leading traders like Cargill Inc CARG.UL and Archer Daniels Midland (ADM.N) have been discouraged from bidding due to potential antitrust risks, according to the Bloomberg report.

From Reuters