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Bunge Global SA completed its takeover of Glencore PLC-backed Viterra, a move that will help the combined businesses better ...
The $8.2-billion US merger of Bunge and Viterra is now complete, forming one of the world's largest agribusiness ...
Bunge and M Dias Branco MDIA3.SA are Brazil's leading wheat flour millers followed by J. Macedo and Viterra, the source said. Wheat milling association Abitrigo declined to comment.
A merger between agricultural trader Viterra Inc. and US rival Bunge Ltd. could hurt farmers and consumers, according to the head of a Canadian wheat farmers advocacy group.
Viterra is no slouch, either. Owned by mining giant Glencore, it has extensive grain processing and export facilities in 38 countries and, in 2023, had revenues of $53 billion.
Under the terms of the deal, Bunge will pay Viterra shareholders about 65.6 million shares valued at $6.2 billion and about $2 billion in cash. Bunge will also assume $9.8 billion of Viterra’s debt.
To get a glimpse into what was lost when the Wheat Pool became Viterra, we can look to Australia. Like Canada, farmers in Australia no longer have a national wheat marketing board. It was ...
Global grain heavyweights Bunge and Glencore-backed Viterra will join forces in a move that gives them reach into Australia’s two biggest wheat states.
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. This ...
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