Tag: $Bunge

Bunge boosts long‑term profit outlook, announces $3 bln share repurchase plan

Agribusiness company ​Bunge (BG) said on ‌Tuesday it expects earnings to increase to ​at least $15 per ​share by 2030 and ⁠announced a new $3 ​billion share repurchase program.

Bunge, ADM to benefit as US farmers sell cheap crops in ‘haul of shame’

 A spike in bargain-basement crop sales by U.S. farmers needing to make room in storage bins for autumn harvests could boost profitability at grain handlers such as Archer-Daniels-Midland and Bunge Global

Bunge, Viterra offer concessions seeking EU approval for $34 bln merger

U.S. grains merchant Bunge and Glencore-backed Viterra have offered concessions aimed at winning EU antitrust approval for their $34 billion merger, the European Commission website showed on Friday.

Bunge, Viterra will merge to form $34 billion agri-trading powerhouse

U.S. grains merchant Bunge and Glencore -backed Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the companies said on Tuesday, in a deal that will likely draw close regulatory scrutiny.