Bunge's $34 Billion Viterra Merger Clears Final China Hurdle
Global agribusiness Bunge Global SA said Friday it has received regulatory approval from China for its merger with Glencore-backed grain handler Viterra, the final hurdle for its $34 billion mega-deal announced two years ago.
The Missouri-based company expects to close the largest-ever global agriculture merger by dollar value "on or around July 2," Bunge said in an emailed statement.
Bunge shares were up 5.7% by mid afternoon on Friday, extending earlier gains stemming from surging crude oil prices and favorable
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