Articles tagged under: Viterra
Aussie Deal Made Between Viterra and Cargill
Published September 30, 2024
Viterra is acquiring five grain handling facilities from Cargill in Australia. The deal is subject to Australian regulators. The price tag for the acquisition was not announced.Another Step for the Bunge-Viterra Deal
Published July 25, 2024
The European Union is expected to give conditional approval for Bunge’s acquisition of Viterra. Bunge has offered to spin off Viterra’s crush and refining facilities for certain oilseeds in Poland and Hungary to satisfy EU concerns. When completed, this deal…EU Considers Bunge-Viterra Deal
Published July 15, 2024
To gain regulatory approval from the European Union, Bunge and Viterra have offered to spin off certain assets. Details have not been announced. The merger between the two grain companies is valued at $34 billion. European antitrust regulators have until…Bunge-Viterra Merger Faces Competition Concerns
Published April 24, 2024
The merger between Bunge and Viterra has hit a hurdle. The Canadian Competition Council said the merger was “likely to result in substantial anti-competitive effects and a significant loss of rivalry between Viterra and Bunge in agricultural markets in Canada.”…Bunge-Viterra Deal Advances
Published October 9, 2023
Bunge shareholders have approved its acquisition of Viterra. The merged company will be valued at $34 billion. Once the deal is approved by regulators, the new entity should be finalized by mid-2024.A Possible Merger
Published May 26, 2023
Viterra and Bunge are reportedly discussing a merger. These are two of the largest grain trading firms and have a large presence in the United States. Viterra, which formerly was known as Glencore Agriculture, had a failed takeover attempt with…A New Name for Gavilon
Published February 28, 2023
Gavilon has rebranded itself as Viterra. The new name and a new logo is being rolled out across the United States and Mexico. Omaha will remain the company’s headquarters for the U.S. and Mexico.Glencore Fined for Bribery
Published June 6, 2022
Switzerland-based Glencore, the parent company of Viterra Ag Commodity Trading Company, will pay $1.02 billion in fines for bribery charges in the U.S., United Kingdom and Brazil. Glencore will pay the penalties to resolve bribery charges brought by the U.S.…Grain Deal Expected to Close in March
Published January 26, 2022
Gavilon’s U.S. grain business is being sold to Viterra in a deal that is estimated to be valued at $3.5 billion. The Marubeni Corporation in Japan is the parent company of Gavilon and Viterra is part of Switzerland-based Glencore. There…