merger

Ottawa approves Bunge’s acquisition of Viterra

Ottawa approves Bunge’s acquisition of Viterra

Jan 15, 2025 | 11:17am
The federal government has approved Bunge’s acquisition of Viterra, with conditions attached. The conditions, Transport Canada says in a news release published on Tuesday, are meant to “ensure that the acquisition will not have a negative impact on competition in Canada’s grain and oilseed sector, notably for grain purchasing in Western Canada and the sale […]
No alliance between PCs and Buffalo Party this election

No alliance between PCs and Buffalo Party this election

Sep 12, 2024 | 3:30pm
REGINA – There will be no electoral alliance or merger happening between the Progressive Conservatives and the Buffalo Party for the upcoming provincial election. PC leader Rose Buscholl put an end to the speculation at a news conference in Regina on Thursday morning.  “Unfortunately, there were many things that kept us apart,” said Buscholl as […]
APAS says Competition Burueau’s concerns over Bunge-Viterra merger echoes its earlier comments

APAS says Competition Burueau’s concerns over Bunge-Viterra merger echoes its earlier comments

Apr 25, 2024 | 9:44am
The Competition Bureau of Canada pointed out the Bunge-Viterra merger would create “substantially” less competition for grain buying in Western Canada, as well as the sale of canola oil in Eastern Canada. It’s something that Ian Boxall, the president of the Agricultural Producers Association of Saskatchewan, said confirms what he and the organization have been […]
Competition Bureau raises concerns over Bunge-Viterra deal

Competition Bureau raises concerns over Bunge-Viterra deal

Apr 24, 2024 | 8:42am
It’s likely that Bunge Ltd.’s US$8.2-billion deal to acquire Viterra Ltd. would “substantially” reduce competition in the grain and canola oil markets, the Competition Bureau says. In a report to Transport Minister Pablo Rodriguez released Tuesday, the bureau said the deal is likely to hurt competition in markets for grain purchasing in Western Canada as well as […]
The Wheat Growers want to know where members stand on proposed Viterra-Bunge Merger

The Wheat Growers want to know where members stand on proposed Viterra-Bunge Merger

Nov 6, 2023 | 4:22pm
The Western Canadian Wheat Growers Association wants to hear thoughts from members about the proposed merger between Viterra and Bunge. The merger, announced earlier this year, is currently under review from the federal government as well as the Competition Bureau. President of the Wheat Growers Gunter Jochum says the survey – sent to members by email […]
Four Agriculture Groups want review of Bunge-Viterra merger done by the provincial government

Four Agriculture Groups want review of Bunge-Viterra merger done by the provincial government

Oct 6, 2023 | 5:43pm
Four farm groups want the Saskatchewan government to conduct a risk assessment into the proposed merger between Viterra and Bunge. The Agricultural Producers Association of Saskatchewan, SaskCanola, SaskBarley, and SaskWheat sent a joint letter to provincial Agriculture Minister David Marit. Chairperson of SaskWheat Brett Halstead says one of the concerns is less options to sell grain. […]
Federal government to review Viterra-Bunge deal: transport minister

Federal government to review Viterra-Bunge deal: transport minister

Sep 27, 2023 | 8:56am
The federal government says it’s launching a review of the proposed acquisition of Viterra Ltd. by Bunge Ltd. Viterra is a grain-handling company owned by Swiss commodities giant Glencore, the Canada Pension Plan Investment Board and B.C. Investment Management Corp. Missouri-based Bunge is the world’s largest oilseeds processing company, operating in more than 40 countries worldwide.  The US$8.2-billion […]

Bunge-Viterra merger has groups raising concerns of possible lack of competition

Jun 14, 2023 | 4:42pm

A day after Bunge Limited and Viterra announced a deal that will see them merge into one agri-business company, reaction has been coming in. Jim Smolik, a stakeholder relations person with Western Canadian Wheat Growers Association, says the deal shows the reality of businesses having to increase in size in order to meet demand. “One […]

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