financetom
Business
financetom
/
Business
/
Market Chatter: Bunge Nears Chinese Approval for $8.2 Billion Viterra Deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Bunge Nears Chinese Approval for $8.2 Billion Viterra Deal
Jun 12, 2025 3:57 AM

06:41 AM EDT, 06/12/2025 (MT Newswires) -- Bunge (BG) is close to securing a decision from Chinese antitrust authorities on its $8.2 billion acquisition of Viterra, Bloomberg News reported Thursday, citing sources familiar with the matter.

China's approval is reportedly the final major obstacle for the deal, which aims to create a global agricultural commodities giant, though delays remain possible.

The companies are in the final stage of regulatory review and have extended a Friday deadline that would have allowed either party to exit the agreement, Bloomberg reported.

Bunge and Viterra have already received approvals in the EU and Canada, while Argentina's antitrust laws allow the deal to proceed with potential remedies later, the outlet reported.

Bunge and Viterra did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump's new crypto coin sparks ethics concerns
Trump's new crypto coin sparks ethics concerns
Jan 20, 2025
PARIS/WASHINGTON (Reuters) - U.S. President Donald Trump's launch of a crypto token shortly before his inauguration on Monday creates new conflict-of-interest concerns, ethics experts and industry insiders said.   Trump has pledged to hand management of his assets to his children, but the crypto asset is raising particular concerns due to its ability to quickly attract billions of speculative dollars with...
Capstone Infrastructure and Partners Secure PPAs for Three Wind Projects in British Columbia
Capstone Infrastructure and Partners Secure PPAs for Three Wind Projects in British Columbia
Jan 20, 2025
04:37 PM EST, 01/20/2025 (MT Newswires) -- Capstone Infrastructure (CSE-PA-A.TO) after close of trade Monday said it and its indigenous partners secured 30-year power purchase agreements (PPAs) from provincially owned BC Hydro for three windfarm projects. The three projects, Brewster, Highland Valley, and Mount Mabel, were selected by BC Hydro in their recent Call for Power and will have a...
Scotiabank joins major Canadian lenders quitting global climate coalition
Scotiabank joins major Canadian lenders quitting global climate coalition
Jan 20, 2025
Jan 20 (Reuters) - Bank of Nova Scotia ( BNS ) on Monday joined some of Canada's biggest lenders to walk away from a global banking sector climate coalition, a move that followed the withdrawal led by six major U.S. banks. The bank's exit from the Net-Zero Banking Alliance follows a raft of similar announcements on Friday by TD Bank,...
Trade, tariffs, energy - market reaction to Trump's inauguration speech
Trade, tariffs, energy - market reaction to Trump's inauguration speech
Jan 20, 2025
LONDON/NEW YORK (Reuters) -The dollar extended its slide while crude prices curtailed their losses after U.S. President Donald Trump said on Monday he would tariff and tax countries to enrich Americans, overhaul the trade system and declare a national energy emergency. COMMENTS: ZACHARY GRIFFITHS, SENIOR INVESTMENT GRADE STRATEGIST, CREDITSIGHTS, CHARLOTTE, NORTH CAROLINA The rally in the dollar and equity futures...
Copyright 2023-2026 - www.financetom.com All Rights Reserved