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Reuters: Canada’s worries about Bunge-Viterra deal may force asset sales

April 25, 2024 — 

“These assets are really valuable,” said Derek Brewin, an agribusiness professor at the University of Manitoba. “I think there will be competition from any of the Canadian buyers.”

Brewin said Bunge may address Canada’s concerns by divesting its G3 stake and a Western Canadian crushing plant.

G3 is a “Cadillac export machine,” with its four-year-old terminal at Port of Vancouver and modern country grain-handling facilities, Brewin said, adding that canola-crushing facilities would also see strong buying interest.

To read the full story, please visit Reuters.


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