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Tag Archives bunge


(file photo)
News, Reuters

EU clears Bunge and Viterra’s $34 billion merger deal

By Reuters August 1, 2024
Reading Time: < 1 minute The European Commission said on Thursday that it had cleared the $34 billion merger deal between Bunge and the Glencore-backed company Viterra.

(AGCanada.com, Bunge.com photos)
News, Reuters

Bunge, Viterra $34 bln deal heading for conditional EU nod, source says

By Foo Yun Chee, Reuters July 24, 2024
Reading Time: < 1 minute U.S. grains merchant Bunge and Glencore-backed Viterra's $34 billion merger deal is heading towards conditional EU antitrust approval, a person with direct knowledge of the matter said on Wednesday.


(file photo)
News, Reuters

Bunge offers to sell Viterra’s oilseeds facilities in Poland, Hungary, source says

By Foo Yun Chee, Reuters July 16, 2024
Reading Time: < 1 minute U.S. grains merchant Bunge has offered to sell Viterra's crush and refining plants for oilseeds in Hungary and Poland in order to secure EU antitrust approval for the $34 billion merger, a person close to the deal said on Tuesday.

(file photo)
News, Reuters

Bunge, Viterra offer to sell assets in two EU countries, sources say

By Reuters July 12, 2024
Reading Time: < 1 minute U.S. grains merchant Bunge and Glencore-backed Viterra have offered concessions aimed at winning EU antitrust approval for their $34 billion merger, the European Commission website showed on Friday.


(AGCanada.com, Bunge.com photos)
News, Reuters

EU regulators to decide on Bunge and Viterra merger by July 18

By Foo Yun Chee, Reuters June 17, 2024
Reading Time: < 1 minute U.S. grains merchant Bunge BG. and Glencore-backed Viterra's plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July 18, a European Commission filing showed on Monday.

A view shows a corn field damaged by the floods in Colinas, in Rio Grande do Sul state, Brazil, May 6, 2024. REUTERS/Diego Vara
News, Reuters

Brazil floods hit food silos, disrupt routes to major grains port

By Ana Mano, Reuters, Roberto Samora May 7, 2024
Reading Time: 2 minutes Heavy flooding in southern Brazil has hit food storage facilities in lower areas while hampering the shipping of grains to port, jeopardizing the nation's exports and wreaking havoc to the economy of Rio Grande do Sul state, a large soy, rice, wheat and meat producer.


Photo: Reuters/Ben Nelms/File
News

Prairie groups raise concerns about proposed Bunge-Viterra merger

Concentration of services at the Port of Vancouver, consolidation of crush capacity could cost producers billions, report says

By Geralyn Wichers April 29, 2024
Reading Time: 2 minutes A group of Prairie producer groups say the proposed merger between Bunge and Viterra is likely to cause substantial economic harm to farmers.

(file photo)
News, Reuters

Canada’s worries about Bunge-Viterra deal may force asset sales

Regulators in 13 jurisdictions, including the U.S., EU, have not yet approved the deal

By Reuters, Rod Nickel April 24, 2024
Reading Time: 2 minutes Canada's competition concerns about U.S. agribusiness Bunge's planned takeover of rival Viterra sets the stage for the companies to sell some assets to close the deal, experts said.


(file photo)
General, Reuters

Competition bureau has major concerns about proposed Bunge-Viterra merger

By David Ljunggren, Reuters, Rod Nickel April 23, 2024
Reading Time: 2 minutes The Competition Bureau on Tuesday said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge and Glencore-backed Viterra.

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
General, Reuters

Louis Dreyfus withstands commodity price drop to post stable profits

While less chaotic than 2022, war and weather continued to disrupt supply last year

March 21, 2024
Reading Time: 2 minutes Louis Dreyfus Company's (LDC) profits last year held close to the bumper levels of 2022, with the agricultural commodity giant saying its global trading network helped it withstand falling prices.


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