Bunge’s $8 Billion Deal for Viterra Faces Risk of Delays

Viterra News

Bunge’s $8 Billion Deal for Viterra Faces Risk of Delays
BloombergEuropean UnionBunge
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 67 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 63%

(Bloomberg) -- Bunge Global SA’s $8 billion deal to acquire Glencore Plc-backed Viterra is facing the risk of delays as countries including Canada, China and...

-- Bunge Global SA’s $8 billion deal to acquire Glencore Plc-backed Viterra is facing the risk of delays as countries including Canada , China and the European Union are yet to approve the acquisition.Archegos’ Bill Hwang Convicted of Fraud, Market ManipulationThe transaction is unlikely to get done by Bunge ’s mid-2024 target, according to people familiar with the matter. The St.

China has yet to issue an opinion. While there’s no concern about business overlap there, the Asian nation is the world’s largest commodities buyer and top importer of soybeans. When Glencore acquired Xtrata, it ended up selling a copper mine in Peru to satisfy Chinese demands. Something similar could possibly happen with Bunge’s deal, the people said.

“The truth is, G3 and Viterra are competitors today and G3 will be a strong competitor to a combined Bunge-Viterra after the merger.”These two Canadian banks are climbing, but still have so much more room to run. And with the highest dividend yields around, it's time to buy! The post Prediction: These 2 Canadian Bank Stocks Are Next in Line to Pop appeared first on The Motley Fool Canada.If you’re planning to get a Costco membership, or looking to renew, you should do so before Sept.

The walls are closing in on Tesla: EV makers just took a bite out of its market share, and investor Bill Gross says it’s a meme stock nowWhy Nvidia could be headed for a seismic moment: Another $3 trillion in market capThese Canadian blue-chip stocks are backed by strong fundamentals, enabling them to generate steady capital gains and dividend income. The post Canadian Blue-Chip Stocks: The Best of the Best for July appeared first on The Motley Fool Canada.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Bloomberg European Union Bunge Antitrust Concerns Canada

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU regulators to decide on Bunge and Viterra’s US$34-billion deal by July 18EU regulators to decide on Bunge and Viterra’s US$34-billion deal by July 18The European Commission can either clear the deal with or without remedies after its preliminary review or it can open a four-month investigation if it has serious concerns
Read more »

Saudi Aramco Draws $31 Billion of Orders for $6 Billion BondSaudi Aramco Draws $31 Billion of Orders for $6 Billion Bond(Bloomberg) -- Saudi Aramco has pulled in more than $31 billion of orders for its first dollar debt offering in three years as the firm seeks to raise $6...
Read more »

EQT to Sell Majority Stake in Idealista in €2.9 Billion DealEQT to Sell Majority Stake in Idealista in €2.9 Billion DealEQT AB has agreed to sell a majority stake in Idealista to private equity firm Cinven in a deal valuing the online real estate platform at €2.9 billion ($3.1 billion).
Read more »

Nokia to Buy Networking Company Infinera in $2.3 Billion DealNokia to Buy Networking Company Infinera in $2.3 Billion DealNokia Oyj has agreed to acquire Infinera Corp. in a transaction valuing the maker of optical telecommunications equipment at $2.3 billion including debt.
Read more »

Toyota to Offload Shares in Parts Maker Aisin in $1 Billion DealToyota to Offload Shares in Parts Maker Aisin in $1 Billion DealToyota Motor Corp. is selling its shares in Aisin Corp., a major vehicle parts supplier, the latest sign momentum is building in Japan’s push to get large companies to unwind their cross shareholdings.
Read more »

Anduril’s $1.5 Billion Deal Underscores VC Zeal for Defense TechAnduril’s $1.5 Billion Deal Underscores VC Zeal for Defense TechAnduril Industries Inc. is in talks with Peter Thiel’s Founders Fund and other investors to raise $1.5 billion, according to people familiar with the matter, in what would be one of the year’s largest funding rounds not exclusively focused on artificial intelligence.
Read more »



Render Time: 2025-02-13 14:07:27