Van AalstTBA GroupCimbriaTMS Awards 2023Port of South LouisianaTelestack
  • Van Aalst
  • TBA Group
  • Cimbria
  • TMS Awards 2023
  • Telestack
  • Vigan

Bunge shareholders approve Viterra combination

Bunge shareholders approve Viterra combination

(Posted on 06/10/23)

Bunge Limited have announced the results of its extraordinary general meeting of its shareholders.

Shareholders approved the acquisition of Viterra Limited, including the issuance of 65,611,831 common shares, par value $0.01 per share, of Bunge Limited. They also voted in support of the redomestication that will change the place of incorporation and residence of the ultimate parent company of the Bunge Group from Bermuda to Switzerland.

Viterra’s fully integrated agriculture network connects producers and consumers to supply sustainable, traceable and quality-controlled agricultural products. The company owns a network of 29 port terminals in ten of the main exporting countries from which they supply bulk shipments to destination markets all over the world. A comprehensive logistics network allows them to oversee commodities from the producer to the hands of the consumer.

“We appreciate our shareholders’ vote of confidence in our strategy to position Bunge as a premier global agribusiness solutions company through the merger with Viterra,” said Greg Heckman, Bunge CEO. “Our team is focused on effectively running our operations while also planning for a successful integration. We are committed to creating an innovative global agribusiness company well positioned to meet the demands of increasingly complex markets and better serve farmers and end-customers.”

The merger is expected to close in mid-2024, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals.

The final vote results will be reported in a Form 8-K to be filed by Bunge with the Securities and Exchange Commission.

Bunge’s purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. Bunge is headquartered in St. Louis, Missouri, and have almost 23,000 employees working across approximately 300 facilities located in more than 40 countries.

Latest News

Telestack announces new iron ore project

(Posted on 16/06/25)

Northern Ireland based Telestack have announced that they have been awarded a contract for the supply... Read more


Bühler opens grain puffing technology centre

(Posted on 15/06/25)

Bühler has opened its new Puffing Application Center in Uzwil, Switzerland, providing food... Read more


Ore sorting demonstration project at Havre-Saint-Pierre mine launched

(Posted on 15/06/25)

Rio Tinto is investing CA$7.6 million in an industrial demonstration project to assess the integration... Read more


Bühler sets new global standard with state-of-the-art Milling Academy

(Posted on 15/06/25)

Bühler has opened a new, state-of-the-art Milling Academy – a 1,800-square-meter training... Read more


Anglo American completes demerger of Valterra Platinum

(Posted on 06/06/25)

Anglo American plc has announced that it has completed the demerger of c.51% of the Company’s... Read more


Western Range iron ore mine in Pilbara opened with Yinhawangka owners

(Posted on 06/06/25)

Rio Tinto has officially opened its newest iron ore mine, Western Range, with Western Australian Premier... Read more


Heidelberg presents Strategy 2030 to accelerate profitable growth

(Posted on 02/06/25)

Heidelberg Materials has presented its “Strategy 2030: Making a Material Difference” at... Read more


Continued stability forecast for EU compound feed production

(Posted on 31/05/25)

The European Feed Manufacturers' Federation (FEFAC) market experts have forecast continued stability... Read more


US grain and feed industry concerned about initial MAHA report

(Posted on 31/05/25)

The Make America Healthy Again (MAHA) Commission has released a report that outlined potential contributors... Read more


First gallium extraction from Rio Tinto/Indium alumina refining process

(Posted on 15/05/25)

Rio Tinto and its new partner Indium Corporation have successfully extracted the first primary gallium... Read more


Bühler GmbHGeneva DrySailors SocietyViganPort of Stockton
  • Port of Stockton
  • Sailors Society
  • Geneva Dry

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping