News Formal

Bunge finalizing $30-billion-plus merger with Viterra, sources say

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 92%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The deal, whose terms have not been previously reported, would come as Russia’s war in Ukraine has tested the security of supply in global food markets

the deal

Trade in staples such as wheat, corn and soybeans is already concentrated among Bunge and three other large players – Archer-Daniels-Midland Co, Cargill Inc and Louis Dreyfus Co. Collectively referred to as “ABCD,” they have been raking in hefty profits after the war in Ukraine disrupted shipments and sent crop prices skyrocketing.

Acquiring Viterra would bring Bunge revenue’s revenues – $67.2 billion in 2022 – in line with Archer-Daniels-Midland, which registered sales of nearly $102 billion last year. The deal would also buoy Bunge’s grain exporting and oilseed processing businesses.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인