Benson hill announces divestiture of its fresh business

St. louis--( business wire )-- benson hill , inc. (nyse: bhil, the “company” or “benson hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that it entered into agreements to sell the assets and equity related to its fresh business in a two-part transaction for an aggregate purchase price of $21 million, approximately $18 million of which was realized in gross cash proceeds in 2022, with the balance of the transaction expected to close in the second quarter of 2023.
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