Bunge deal to acquire Viterra gets OK from Canada
With a raft of conditions, the Canadian government has given the green light to Bunge Global SA’s 18-month-old deal to merge with fellow agribusiness giant Viterra. Anita Anand, minister of transport and internal trade, late on Jan. 14 announced Canada’s approval of the $18 billion transaction, under which Bunge Global SA plans to acquire Viterra Ltd. However,...
Viterra drops plans to acquire Cargill sites in South Australia
Viterra no longer plans to acquire the South Australian GrainFlow handling and storage sites and mobile ship loader from Cargill, and the companies have withdrawn their application from the Australian Competition and Consumer Commission. Viterra and Cargill initially announced the acquisition in September. The five Cargill GrainFlow sites that were part of the transaction are...