U.S. grains merchant Bunge and Glencore-backed Viterra have offered concessions aimed at winning EU antitrust approval for their $34 billion merger, the European Commission website showed on Friday.
Tag Archives Viterra
Bunge, Viterra offer to sell assets in two EU countries, sources say
EU regulators to decide on Bunge and Viterra merger by July 18
U.S. grains merchant Bunge BG. and Glencore-backed Viterra's plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July 18, a European Commission filing showed on Monday.
Opinion: Defence of Bunge-Viterra merger has holes
Opinion: The Bunge-Viterra merger dangerously decreases grain transportation competition in Canadian agriculture.
Editorial: Grain business consolidation and concentration
Press releases are often notable because of what they don’t say. Then again, sometimes they unintentionally speak volumes. For example, consider the official statements coming from the Glencore team related to their role in the continuing consolidation and concentration of the grain handling business in Canada. In 2012, when Glencore announced it was acquiring Viterra,
Reports raise alarm over Bunge-Viterra merger
Competition Bureau, ag economists warn of significantly reduced competition, more costs to farmers
Glacier FarmMedia – Bunge and Viterra said in late April that they still expect to proceed with their proposed merger, even after a Competition Bureau review identified major concerns about reduced competition. A report from three University of Saskatchewan agricultural economists, prepared on behalf of four Saskatchewan and Alberta farm groups, reached the same conclusion. It was released April 29. The Agricultural Producers of Saskatchewan was among those groups. “We are particularly concerned
Prairie groups raise concerns about proposed Bunge-Viterra merger
Concentration of services at the Port of Vancouver, consolidation of crush capacity could cost producers billions, report says
A group of Prairie producer groups say the proposed merger between Bunge and Viterra is likely to cause substantial economic harm to farmers.
Canada’s worries about Bunge-Viterra deal may force asset sales
Regulators in 13 jurisdictions, including the U.S., EU, have not yet approved the deal
Canada's competition concerns about U.S. agribusiness Bunge's planned takeover of rival Viterra sets the stage for the companies to sell some assets to close the deal, experts said.
Competition bureau has major concerns about proposed Bunge-Viterra merger
The Competition Bureau on Tuesday said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge and Glencore-backed Viterra.
Canola Council of Canada elects Ritter chair
Two director seats change hands at CCC AGM
Tessa Ritter, who is stakeholder relations manager with Viterra, has been elected chair of the Canola Council of Canada's board of directors.
Comment: The return of the Wheat pool?
The time might be ripe for a revival of Prairie co-ops
When Bunge announced its intention to purchase Viterra — the Regina-based grain handling subsidiary of Swiss mining giant Glencore — in June 2023, it represented another milestone in the slow but steady erasure of Saskatchewan’s long history with the wheat pool co-operative. Saskatchewan Wheat Pool, the once-mighty agricultural co-operative that became Viterra, is remembered by
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