Jan 14, 2025 · The Government of Canada is dedicated to fostering healthy competition, growth and productivity in the transportation and agricultural sectors. Today, the Honourable Anita Anand, Minister of Transport and Internal Trade, announced the Government of Canada has approved the acquisition of Viterra Limited by global agri-business Bunge Global SA.

Bunge is able to materially influence G3 through its minority interest in G3 Global Holdings Limited Partnership. G3 is also a Canadian grain company who competes with Viterra. The ability of the combined Bunge-Viterra business to access G3’s competitively-sensitive information and influence G3’s behaviour is a competition concern.

Jan 15, 2025 · Canada on Tuesday approved with conditions U.S. grains merchant Bunge's $34 billion merger with Glencore-backed Viterra, clearing one of the final remaining obstacles for a global agriculture tie ...

5 days ago · In 2023, the location did not receive vegetable oils as part of an order that included deliveries outside of Canada from Bunge or Viterra. Since the Commissioner’s concern about potential increases in canola oil prices in Central and Atlantic Canada only relates to a subset of the purchasers of canola oil, these criteria ensure that price ...

Jan 15, 2025 · Bunge, Viterra and G3 account for one-third of Western Canada’s elevator capacity. The merger, announced in 2023, would create a global crops trading and processing giant worth $34 billion ...

Jan 15, 2025 · The Canadian government has approved Bunge Ltd.‘s US$8.2-billion acquisition of Viterra Ltd. in a decision that includes terms and conditions meant to allay concerns about competition.

Jan 15, 2025 · The Canadian government has approved Bunge Ltd.‘s US$8.2-billion acquisition of Viterra Ltd. in a decision that includes terms and conditions meant to allay concerns about competition.

Apr 23, 2024 · The Competition Bureau has concluded that the proposed acquisition of Viterra Limited (Viterra) by Bunge Limited (Bunge) is likely to result in substantial anti-competitive effects and a significant loss of rivalry between Viterra and Bunge in agricultural markets in Canada.

Jan 15, 2025 · The deal to acquire Viterra, announced in June 2023, would create a $25 billion behemoth capable of competing with the industry’s elite: Cargill Inc. and Archer-Daniels-Midland Co., the ‘A ...

Jan 15, 2025 · The Canadian government said on Tuesday it approved with conditions the $34 billion merger deal between Bunge and the Glencore-backed company Viterra. The conditions for the deal approval include Bunge’s divestiture of six grain elevators in Western Canada and a binding commitment from Bunge to invest at least C$520 million in Canada within ...