Bunge and Viterra Finalize Major Merger

Reported about 15 hours ago

Bunge Global has completed its long-awaited merger with Viterra, backed by Glencore, officially closing the $34 billion deal two years after its announcement. This merger creates a new agri-business powerhouse that aims to compete with industry leaders like Archer-Daniels-Midland and Cargill amid challenging market conditions. Bunge's CEO Greg Heckman will continue leading the combined company, which will significantly enhance its grain exporting and oilseed processing capabilities.

Source: YAHOO

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