News

Trade tensions between the U.S. and China are stalling Bunge Global's proposed $8.2B takeover of Glencore-backed commodity trader Viterra, Bloomberg reported ...
The report describes Viterra's plans for a new canola crush plant in the city as "in limbo as of 2024" after U.S.-based Bunge's multibillion-dollar acquisition. By Roberta Young, Jennifer Ackerman ...
Risk The merger between Bunge and Viterra has a potential downside, which is Viterra's debt. In 2024Q2, Viterra reported a 72.58% liabilities-to-asset ratio, as depicted in the next chart.
Farm groups and farmers continue to have concerns about the effects on competition after the Canadian government approved Bunge Ltd.’s US$8.2-billion acquisition of Viterra Ltd. The federal ...
Viterra has dropped its bid to acquire five grain handling sites across South Australia and Victoria from Cargill-owned GrainFlow, just days after the competition regulator said it was still ...
A Bunge-Viterra merger would significantly harm farmers, undermine Canada’s food sovereignty, and transfer billions of dollars out of the Canadian economy over time. For these reasons we call upon ...
The history speaks for itself. In 2007, Viterra was created, and Saskatchewan’s GDP increased by nearly $3.2 billion the next year, with agricultural GDP increasing by over $1.3 billion.
Breaking News, Sports, Manitoba, CanadaViterra-Bunge merger could have far-reaching effects Rural Revival By: Laura Rance Posted: 2:01 AM CDT Saturday, May. 4, 2024 ...
Contract talks are set to resume between Viterra and GSU Local 1 and 2 after the union rejected Viterra’s final offer in mid-December. GSU said negotiations have been ongoing for more than a ...
Bunge is already the world’s largest oilseed processor. Last October, Viterra expanded by buying the grain-distribution business of Omaha-based Gavilon for $1.125 billion.
Under the deal, Viterra shareholders will get about 65.6 million shares of Bunge stock, carrying a value of about $6.2 billion, and about $2 billion in cash. Bunge will also assume $9.8 billion of ...