Bunge-Viterra Merger Faces Canadian Competition Concerns

Canada’s Competition Bureau has expressed concerns over Bunge’s planned acquisition of Viterra, citing reduced competition in the grain and canola markets. This may require the companies to divest assets to gain regulatory approval. One possibility is that Bunge could sell its minority stake in G3, a Viterra competitor, and a Western Canadian canola-crushing plant. Louis Dreyfus, Richardson International, and Cargill are potential buyers of these assets due to their existing canola-crushing capacity and grain-handling operations.

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