Government of Canada announces approval of Bunge Global SA’s ...
1 day ago · Bunge’s divestiture of six grain elevators in Western Canada to maintain competitive options for farmers in the region; Strict and legally binding controls on Bunge’s minority ownership stake in G3, another important grain company, to ensure Bunge cannot influence G3’s pricing or investment decisions;
Canada Approves Bunge-Viterra Merger Worth $34 Billion
18 hours ago · This is done so Bunge can't influence G3's investment or pricing decisions. Bunge, Viterra, and G3 together account for one third of Western Canada's capacity in elevators. The merger, announced in 2023, would create a global crops trading and processing giant worth $34 billion including debt, closer in scale with chief rivals Archer-Daniels ...
Bunge’s $8 Billion Deal for Viterra Wins Approval From Canada
20 hours ago · There will also be controls imposed on Bunge’s minority ownership stake in G3 and a commitment from the company to invest at least C$520 million ($362 million) in Canada within the next five years.
Canada clears $34 billion Bunge-Viterra merger with conditions
20 hours ago · The approval also requires strict and legally binding controls on Bunge's minority stake in Saudi-owned grain company G3 to ensure Bunge cannot influence G3’s pricing or investment decisions ...
Canadian government grants approval of Bunge’s acquisition of …
21 hours ago · The Canadian government is giving the green light to Bunge’s US$8.2 billion acquisition of Viterra, with a series of conditions. The two multi-national grain companies originally announced their plan to combine operations under the Bunge banner in the summer of 2023. Approval by the Canadian government was communicated in an order-in-council published on …
Bunge acquisition: Canada approves US$8.2B deal - CTV News
8 hours ago · The Canadian government has approved Bunge Ltd.‘s US$8.2-billion acquisition of Viterra Ltd. in a decision that includes terms and conditions meant to allay concerns about competition.
Canadian government approves Bunge's US$8.2-billion …
18 hours ago · A Bunge Ltd. logo is shown in a handout. The Canadian government has approved Bunge Ltd.‘s US$8.2-billion acquisition of Viterra Ltd. in a decision that includes terms and conditions meant to ...
Bunge expected to downplay stake in G3, as questions surround …
Jun 15, 2023 · While Bunge is not commenting publicly on the specifics, a source familiar with the company’s thinking is downplaying the company’s relationship with G3. They say Bunge is a passive minority investor that does not have operational control …
Competition Bureau releases report identifying substantial
Apr 23, 2024 · The Bureau also found that Bunge could materially influence the economic behaviour of G3 Global Holdings (G3), a major competitor to Viterra. As a minority shareholder of G3, Bunge has access to G3’s confidential competitively sensitive information.
Bunge-Viterra agriculture merger runs into Canada competition …
Apr 23, 2024 · As a minority G3 shareholder, Bunge has access to confidential competitively sensitive information, the bureau said. G3 and Viterra operate separate grain-handling terminals in Vancouver,...