Bunge Nears China Ruling for $8.2 Billion Viterra Merger, Bloomberg News Reports
U.S. grains merchant Bunge is close to getting a ruling from Chinese regulators on its $8.2 billion purchase of Glencore-backed Viterra with a verdict expected within days, Bloomberg News reported on Wednesday.
The merger, first announced in 2023, would create a global crop trading and processing giant closer in scale to chief rivals Archer-Daniels-Midland and Cargill.
Regulatory approval in China remains among the last remaining hurdles to the deal's closing.
Bunge and Viterra said in two separate,
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