Bunge Says Viterra Deal Conclusion May Be Delayed Into 2025 [Yahoo! Finance Canada]
Bunge Limited Common Shares (BG)
Last bunge limited common shares earnings: 2/12 06:00 am
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Source: Yahoo! Finance Canada
(Bloomberg) -- Bunge Global SA's said its $8 billion acquisition of Glencore Plc-backed Viterra may be further delayed as the company waits for government approvals in key markets. Most Read from Bloomberg Listen to the Here's Why podcast on Apple, Spotify or anywhere you listen. The transaction may now be closed as late as early 2025, Chief Executive Officer Greg Heckman said during an earnings call on Wednesday. The deal was initially expected to be completed earlier this year. “We continue to engage with the relevant authorities as we work toward gaining the few remaining regulatory approvals,” Heckman said on the call. While the transaction has won a conditional nod from the European Union, it is still pending a greenlight by authorities including in Canada and China. Still, Heckman said he doesn't expect “any issues that would materially and purely impact the economics of the deal.” The agreement, which was announced more than a year ago, is expected to create a $25 bi
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BG
Earnings
- 10/30/24 - Beat
BG
Sec Filings
- 12/9/24 - Form 8-K
- 12/5/24 - Form 8-K
- 12/3/24 - Form 4
- BG's page on the SEC website