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Bunge is buying Viterra in a deal that is worth approximately $18 billion. Approximately 65.6 million shares of Bunge stock will be issued to Viterra shareholders.
Global grain trader Viterra's management team in Russia plans to create an independent Russian grain exporter once the company ceases export activities in the country, the head of its Russian ...
US agribusiness Bunge Ltd. agreed to buy Glencore Plc-backed Viterra for $8.2 billion in stock and cash, creating a trading giant capable of competing with the world’s biggest agricultural ...
Bunge, the world’s largest oilseed processor, said that Viterra shareholders would receive about 65.6 million Bunge shares, with an aggregate value of approximately $6.2 billion, and $2 billion ...
U.S. grain trader and oilseed processor Bunge BG0.45%increase; green up pointing triangle agreed to acquire Glencore GLEN 1.17%increase; green up pointing triangle-backed Viterra in an $8.2 ...
Trade tensions between the U.S. and China are stalling Bunge Global's (NYSE:BG) proposed $8.2B takeover of Glencore-backed (OTCPK:GLCNF) (OTCPK:GLNCY) commodity trader Viterra, Bloomberg reported ...
Grain and oilseed processor Bunge Ltd. said Tuesday it has agreed to combine with Rotterdam-based Viterra Ltd. in a cash-and-stock deal valued at about $18 billion, including debt.
Bunge will buy Viterra for $8.2 billion. The acquisition will come alongside a $2 billion stock buyback and will merge ownership through a stock and cash deal.
Viterra was formed in 1981 when metals and minerals trader Marc Rich bought a Dutch grain trading company, Granaria. The new company was named Glencore after a management buyout of Rich in 1993.
Global grain trader Viterra is planning to stop grain trading in Russia, the world's largest wheat exporter, Bloomberg News reported on Wednesday, citing people familiar with the matter.