China approves Bunge’s merger with Viterra with conditions on crop supply stability
China’s market regulator has granted conditional approval for global agribusiness Bunge Global SA’s merger with Glencore-backed grain handler Viterra, it said on Monday, clearing the final hurdle for the $34 billion mega-deal announced two years ago.
$8.2B US merger of Viterra and Bunge now complete
The deal was confirmed in a news release issued by the Missouri-based Bunge on Wednesday. It comes nearly six months after the Canadian government approved the merger with Viterra, formerly known as the Saskatchewan Wheat Pool.
Another merger, another drop in competition
It is both a surprise and not a surprise that federal Minister of Transport Anita Anand on Monday approved the takeover of one giant agribusiness company by another, a move that will inevitably lessen competition in a key Canadian agricultural sector.```1
CI Financial signs $4.7B deal to be taken private by Mubadala Capital
Rachel Wasserman, a fellow at the Canadian Anti-Monopoly Project, said the widening net of private equity means there's dwindling access to information on what these once-public companies are doing.
Canadian Western Bank shares soar after National Bank tie-up announced
The deal doesn’t raise the same concerns that RBC’s acquisition of HSBC Canada did, said Keldon Bester, executive director of the Canadian Anti-Monopoly Project.
CAMP Executive Director Discusses HSBC-RBC Merger Deal on BNN
Keldon Bester, Executive Director at CAMP, discussing the high-stakes HSBC-RBC merger deal on BNN Bloomberg. Learn why Conservative Leader Poilievre opposes the merger and what it means for the future of competition and consumer choice in Canada.