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Government Launches Review Of Bunge-Viterra Deal

CANADA
  • "In order to ensure that we have fair competition at Canada’s ports, the Government of Canada is launching a review of the proposed acquisition of grain handler Viterra Limited by Bunge Limited, a global agricultural company."
  • "Given this transaction is of significant national interest in Canada’s transportation sector and the broader supply chain, it will be reviewed under the mergers and acquisitions provisions of the Canada Transportation Act."
  • “Transport Canada has up to 250 days, or until June 2, 2024, to complete the public interest assessment."

Transport Ministry statement here: https://www.canada.ca/en/transport-canada/news/2023/09/statement-by-transport-minister-rodriguez-on-the-proposed-acquisition-of-viterra-limited-by-bunge-limited.html

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