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Stock impact report

Bunge and Viterra Statement on Canadian Competition Bureau Report

Bunge Limited Common Shares (BG) 
Last bunge limited common shares earnings: 2/12 06:00 am Check Earnings Report
US:NYSE Investor Relations: bunge.com/investors
Company Research Source: Business Wire
ST. LOUIS & ROTTERDAM, Netherlands--(BUSINESS WIRE)--Bunge and Viterra are pleased that the Canadian Competition Bureau has concluded its review of Bunge’s proposed acquisition of Viterra and issued its non-binding advisory report to the Minister of Transport. We appreciate the Bureau’s time and effort in reviewing the transaction.As described in the advisory report, the companies operate complementary businesses in markets with numerous effective competitors. The report concluded that the Commissioner had no specific competition concerns for grain purchasing in Eastern Canada and in most of Western Canada, for port terminal operations, for meal sales, and for sales of the vast majority of downstream refined and specialty oil products. It identifies localized concerns relating to the purchase of canola in the Nipawin, SK and Altona, MB areas, and related to canola oil sales to a small segment of customers in Eastern Canada. It also notes a potential concern regarding Bunge’s minor Show less Read more
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