Bunge to Purchase Viterra in $18 Billion Deal That Would Create an Agricultural Giant

Bunge is buying Viterra in a deal valued at approximately $18 billion to create a global agricultural giant.

Viterra shareholders will receive about 65.6 million shares of Bunge stock, valued at approximately $6.2 billion and about $2 billion in cash. Bunge will assume $9.8 billion of Viterra debt.

Bunge’s grain and softseed handling capacity will grow while it expands origination capabilities in key regions and crops where Bunge doesn’t have a strong presence.

Read the source article at apnews.com