What kind of company is Viterra?
Viterra is now Bunge, a premier global agribusiness solutions company for food, feed and fuel. We connect farmers to consumers to deliver essential and sustainable food, feed and fuel to the world. Glencore confirms that all regulatory closing conditions have been satisfied for the merger of Viterra with Bunge and the transaction will close in early July. Glencore will issue a further announcement on closing.Viterra Inc. Viterra) was acquired by a Glencore purchaser, 8115222 Canada Inc. Canada Business Corporations Act (CBCA). The new board of directors includes Mr.Further to its announcements on 13 June 2023 and 16 June 2025, Glencore confirms that the merger of Viterra with Bunge Global S. A. Bunge) closed today. Under the merger terms Glencore received: 32. Bunge, representing 16.The deal to sell the Viterra unit closed on Wednesday, with Glencore receiving shares representing a 16. Bunge, and about $900 million in cash. The ‘surplus capital’ from Bunge shares will underpin its buyback program, Glencore said.
Who is buying Viterra?
The takeover of Viterra by Bunge is complete, just over two years since it was first announced and just two weeks after clearing the final approval in China. On Wednesday, Bunge Global SA announced the merger with Viterra Limited officially closed, marking the creation of giant global agribusiness. Viterra” the new global brand for Glencore Agriculture. Australia and New Zealand to changeover in May 2021. Glencore Agriculture is rebranding to be united globally as Viterra. This unification will further strengthen us as one of the world’s leading agricultural businesses.The Canadian government announced its approval of Bunge’s acquisition of Viterra in January after the government had issued a report last year raising concerns about the loss of competition in grain and oilseed sectors because both companies are heavily invested in Canada.Bunge and Viterra Complete Merger to Create Premier Global Agribusiness Solutions Company.The Regina-based firm went international in 2009 with a deal for Australia’s ABB Grain, then was majority-acquired by Glencore in 2012, becoming Glencore Agriculture before rebranding as Viterra internationally in 2020.
Is Viterra a fortune 500 company?
Viterra is the world’s largest commodity trader. It occupies the 10th place in the Fortune500 list (500 largest companies in the world, the criterion – revenues). The annual turnover is 214 billion. Viterra is currently a subsidiary of the Swiss conglomerate Glencore, is 40% owned the Canada Pension Fund Investment Board, and has its headquarters in Regina, Saskatchewan.As a leading global agricultural company, we are proud to support the Foodgrains Bank and the important work they do to fight hunger around the world,” says Kyle Jeworski, CEO for Viterra Canada.Viterra Inc grew into a global agri-business with operations in Canada, the United States, Australia, New Zealand, and China.Viterra’s shareholders are Glencore, CPP Investments and British Columbia Investment Management Corporation (BCI). Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 responsibly – sourced commodities that advance everyday life.
What is the stock price of Viterra?
Viterra Inc’s current share price is $15. The Viterra Inc stock price today is 15.