The majority owner of G3 Canada has just become the majority owner of a much bigger grain company.
Tag Archives Saudi Agricultural and Livestock Investment Company
G3 co-owner increases stake in global grain trade
Market analyst thinks Saudi firm’s takeover of world’s fifth largest grain company will see Bunge’s exit from G3 Canada ownership
Farmers retain role in G3 thanks to CWB legacy
Feds set up trust for producers when wheat board turned into G3 Canada, but farmers’ share has been steadily shrinking
SASKATOON — Farmers Equity Trust will not be one of the suitors for Bunge’s ownership stake in G3 Canada if the government forces the sale of those shares as part of its review of Bunge’s proposed takeover of Viterra. “The trust has no cash resources to invest that way, and we’re not permitted under the […] Read more
G3 caught in middle of merger
SASKATOON — There is speculation that Bunge may have to sell its ownership stake in G3 Global Holdings to appease Canadian regulators scrutinizing its proposed takeover of Viterra. G3 Global Holdings is the majority owner of G3 Canada Ltd., which operates 19 grain elevators in Western Canada and one in Quebec and port terminals in […] Read more
