Global agribusiness Bunge Global said it officially closed a long-delayed deal to merge with Glencore-backed Viterra on ...

Bunge Global SA completed its takeover of Glencore PLC-backed Viterra, a move that will help the combined businesses better compete with larger rivals like Cargill Inc. and Archer-Daniels-Midland Co.

U.S. grain trader and oilseed processor Bunge agreed to acquire Glencore-backed Viterra for $8.2 billion in a deal that would create one of the world’s largest agricultural companies.

It comes after Bunge posted record adjusted profits in 2022, benefitted from tight global grain supplies due to Russia’s war on Ukraine. Bunge shares rose by more than 2 percent.

Under the merger terms, Swiss-based Glencore received 32.8 million shares in Bunge, representing 16.4 per cent of the enlarged company, and around $900 million in cash which will be subject to later ...

The deal was heavily criticized by agricultural producers, who fear it will reduce competition in the grain and canola markets.

Bunge (BG) stock rose 1.5% in extended trading on Wednesday, after similar gains during the regular session, after the grain merchant completed its long-delayed acquisition of Glencore’s Viterra for ...

US Bunge to buy Viterra in $18B deal that would create agricultural powerhouse Multi-billion dollar deal will boost Bunge’s grain, softseed handling capacity ...

Both companies are big – ADM’s sales in 2016 were $62.3 billion, Bunge’s were $42.6 billion – but Bunge has a larger presence in South America and ADM has more facilities in the United States.

China's market regulator has granted conditional approval for global agribusiness Bunge Global SA's merger with Glencore-backed grain handler Viterra, it said on Monday, clearing the final hurdle for ...

Bunge Ltd. swung to a first-quarter loss after the agricultural company got caught on the wrong side of rising grain prices, executives said. Company Had a 59% Quarterly Drop in Its Agribusiness ...

CHICAGO (Reuters) -Global agribusiness Bunge Global said it officially closed a long-delayed deal to merge with Glencore-backed Viterra on Wednesday, two years after announcing the $34 billion ...