Canadian Press NewsAlert: Bunge and Viterra sign merger agreement
By The Canadian Press on June 13, 2023.
TORONTO – U.S. company Bunge Ltd. has signed a deal to merge with Viterra Ltd., which is owned by Glencore, the Canada Pension Plan Investment Board and B.C. Investment Management Corp. Under the terms of the agreement, Viterra’s shareholders will receive 65.6 million Bunge shares, valued at a total of about US$6.2 billion, and about US$2.0 billion in cash. Bunge will also assume US$9.8 billion of Viterra debt. More coming. 5-4
