Bunge

Cargill says its fiscal year 2023 revenue increased 7% from a year earlier to $177 billion, the highest ever for the 158-year-old company. Cargill peers Archer-Daniels-Midland and Bunge both also reported solid earnings in their most recent quarters and raised their profit outlooks for 2023. Robust demand for food, animal feed and biofuel, and global supply […]

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 […]