China approves Bunge's $8.2 billion takeover of Viterra

June 14, 2025 03:26 AM AEST | By EODHD

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China approves Bunge's $8.2 billion takeover of Viterra — Image source: Kalkine Media

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Investing.com -- Bunge (NYSE:BG) Global SA received approval from Chinese antitrust authorities for its $8.2 billion acquisition of Viterra, clearing the final major regulatory hurdle for the deal. The transaction, which was first announced about two years ago, is now expected to close on or around July 2, according to an emailed statement from Bunge. "This approval underscores the strategic rationale behind bringing Bunge and Viterra together to create a premier global agribusiness company," Bunge Chief Executive Officer Greg Heckman said in the statement. Bunge’s stock climbed as much as 8.6% in New York trading. The share price increase extended an earlier rally that was triggered by the Trump administration’s plan to increase US biofuel quotas.

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