Bunge sells grain elevators, appoints new directors to fulfill Viterra acquisition agreements [Globe and Mail, The (Toronto, Canada)]
Bunge Limited Bunge Limited (BG)
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Source: Globe and Mail, The
decrease has sold five grain elevators and appointed new directors as it works to fulfill competition agreements made with the federal government after the recent Viterra Ltd. acquisition. The divested elevators are located in Dixon, Sask., and Fannystelle, Beausejour, Tucker, and Coulter, Man. They will be sold to local companies, including Direct Grain Limited, Linear Grain Inc. and BP & Sons Grain. The transaction is part of the divestiture commitment Bunge made with Ottawa as part of its merger with Viterra. The deal between Bunge and Viterra was a transaction between the company in Western Canada with the most oilseed-crushing facilities (Bunge) and the company with the most primary grain elevators (Viterra). The Competition Bureau said the merger was likely to result in significantly less competition in Canadian agricultural markets. Bunge must sell one more grain elevator. A tentative agreement is in place to divest itself of Valparaiso, Sask., said a company statement
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News
- Bunge Global (NYSE:BG) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
- What Makes Bunge Global (BG) a New Strong Buy Stock [Yahoo! Finance]Yahoo! Finance
- Bunge Global (NYSE:BG) had its price target raised by analysts at Bank of America Corporation from $95.00 to $112.00. They now have a "buy" rating on the stock.MarketBeat
- Bunge Global (NYSE:BG) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- A Fresh Look at Bunge (BG) Valuation After Recent Share Price Gain [Yahoo! Finance]Yahoo! Finance
BG
Earnings
- 11/5/25 - Beat
BG
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BG's page on the SEC website