The head of Bunge says the company is ready to integrate Viterra into its business, while awaiting final approval from authorities in China. The combination of the two multi-national agribusinesses cleared a major hurdle last month when the Canadian government gave it a green light, with a list of conditions that included the sale of… Read More
Tag: Bunge
Farm groups are voicing frustration and disappointment with outgoing Transport Minister Anita Anand’s decision this week to approve the acquisition of Viterra by Bunge. The conditions laid out in the order-in-council are “woefully inadequate,” according to Grain Growers of Canada, the umbrella organization for 14 national, provincial, and regional crop producer organizations. In a Jan…. Read More
The Canadian government is giving the green light to Bunge’s US$8.2 billion acquisition of Viterra, with a series of conditions. The two multi-national grain companies originally announced their plan to combine operations under the Bunge banner in June 2023. Approval by the Canadian government was communicated in an order-in-council published on January 14th, 2025. The… Read More
Prime Minister Justin Trudeau has reportedly asked cabinet veteran Anita Anand to serve as federal transport minister following Pablo Rodriguez’s departure from cabinet on Sept. 19 to seek the leadership of Quebec’s provincial Liberal party. As transport minister, Anand will oversee the function of Canada’s railways and ports, including the transportation of grain and other… Read More
A series of key decisions on Bunge’s proposed acquisition of Viterra are expected in the next few weeks, as anti-trust regulators and government officials in countries around the world are completing their assessments on whether to approve the multi-national grain company marriage, and what the requirements will be for approval. In Canada, the federal transport… Read More
The Agricultural Producers Association of Saskatchewan (APAS) continues to raise major concerns about Bunge’s proposed acquisition of Viterra. A decision on whether to allow the multinational grain company deal to go ahead in Canada — and what the conditions will be if approved — is currently before the federal cabinet, as Transport Canada wrapped up… Read More
Op-ed submitted by Ian Boxall, president of Agriculture Producers Association of Saskatchewan In a recent op-ed, Gregory Heckman, CEO of Bunge, defended the proposed merger between Bunge and Viterra, arguing that the combination would mean investment and growth for Canadian agriculture, particularly in Saskatchewan. While the optimism from a corporate standpoint is expected, given that… Read More
This op-ed was submitted to RealAgriculture by Gregory Heckman, CEO of Bunge Prairie farmers, stakeholders and communities – the teams from Bunge and Viterra have met with many of you directly or through your industry associations in recent months. We’ve listened to your concerns and have answered your questions about what the complementary combination of… Read More
Bunge’s proposed acquisition of Viterra could result in more than $700 million in annual economic losses to farmers, according to a new report authored by researchers at the University of Saskatchewan. The study, conducted by Drs. Richard Gray, James Nolan, and Peter Slade, received research support from the Agricultural Producers Association of Saskatchewan (APAS), Alberta… Read More
Canada’s Competition Bureau is raising “substantial competition concerns” with Bunge’s proposed acquisition of Viterra. The US$8.1 billion deal announced in June 2023 would likely harm competition for canola grown near Bunge’s crush plants in Western Canada, and the supply of refined canola oil in Eastern Canada, according to a report published by the Bureau on April… Read More