10:06 AM EDT, 06/12/2025 (MT Newswires) -- (Updates with Bunge comments in the fifth paragraph)

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.

"We are in the final stage of regulatory approval," a Bunge spokesperson told MT Newswires. Viterra did not immediately respond to a 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.)

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