Bunge Limited (BG) and Viterra Issue Statement on Canadian Competition Bureau Report
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Bunge and Viterra Statement on Canadian Competition Bureau Report
April 23, 2024 9:06 AM EDTST. LOUIS & ROTTERDAM, Netherlands--(BUSINESS WIRE)-- Bunge and Viterra are pleased that the Canadian Competition Bureau has concluded its review of Bunges proposed acquisition of Viterra and issued its non-binding advisory report to the Minister of Transport. We appreciate the Bureaus 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... More
