Reported 1 day ago
Bunge is on the verge of obtaining a ruling from Chinese regulators regarding its $8.2 billion acquisition of Viterra, which is backed by Glencore. The merger aims to establish a major global player in crop trading, akin to competitors like Archer-Daniels-Midland and Cargill. With most approvals secured worldwide, the companies are now optimistic about finalizing the deal, with a decision from China expected soon.
Source: YAHOO