merger

The Competition Bureau of Canada pointed out the Bunge-Viterra merger would create “substantially” less competition for grain buying in Western Canada, as well as the sale of canola oil in Eastern Canada. It’s something that Ian Boxall, the president of the Agricultural Producers Association of Saskatchewan, said confirms what he and the organization have been […]

In it’s report on the proposed Bunge-Viterra merger, the Competition Bureau of Canada says it is likely the merger would reduce competition for grain buying in the Prariries and the sale of canola oil in Eastern Canada. The Bureau also said Bunge could influence the behaviour of G3, which operates grain elevators in the same […]

The Western Canadian Wheat Growers Association wants to hear thoughts from members about the proposed merger between Viterra and Bunge. The merger, announced earlier this year, is currently under review from the federal government as well as the Competition Bureau. President of the Wheat Growers Gunter Jochum says the survey – sent to members by email […]

Four farm groups want the Saskatchewan government to conduct a risk assessment into the proposed merger between Viterra and Bunge. The Agricultural Producers Association of Saskatchewan, SaskCanola, SaskBarley, and SaskWheat sent a joint letter to provincial Agriculture Minister David Marit. Chairperson of SaskWheat Brett Halstead says one of the concerns is less options to sell grain. […]

The federal government is reviewing the merger between ag company giants Viterra and Bunge. Both companies announced the $8.2-billion (US) deal in June. Federal Transport Minister Pablo Rodriguez says the deal is of significant national interest in Canada’s transportation sector and the broader supply chain, as both companies hold ownership interests in port terminals across […]

A day after Bunge Limited and Viterra announced a deal that will see them merge into one agri-business company, reaction has been coming in. Jim Smolik, a stakeholder relations person with Western Canadian Wheat Growers Association, says the deal shows the reality of businesses having to increase in size in order to meet demand. “One […]

After weeks of talks, a deal has been signed between Bunge Limited and Viterra to merge. However the deal is subject to approval from Bunge stakeholders and other regulatory approval, which is expected to be complete by mid-2024. Reports say under this agreement, Viterra’s shareholders will receive 65.6 million shares of Bunge, valued at about […]

A proposed merger between Glencore’s Viterra and Bunge Ltd. has the support of two of Canada’s largest pension funds, according to a person close to the matter. The source, according to Bloomberg News, noted that the Canada Pension Plan Investment Board and the British Columbia Investment Management Corp. are willing to swap their combined 49.98 […]