Viterra shareholders will own 30 percent of the combined company following the deal's expected close in mid-2024, and about 33 percent after completion of the repurchase plan.
Tag Archives Bunge
Potential Bunge-Viterra merger creates unease
This would be the second attempt at a merger. The first occurred in 2017 when Glencore, the parent company of Viterra, offered to buy Bunge.
Bunge, Viterra merger would create global ag trading giant
Sources last week said Bunge and Glencore Plc-owned Viterra were in talks for a potential mega deal that would further consolidate global agriculture trading and bring Bunge closer in global scale to leading rivals Archer-Daniels-Midland Co. and Cargill Inc.
Bunge earnings take a hit
Supply disruptions because of the ongoing war in Ukraine and a severe drought in Argentina have dented earnings for the grains merchants.
