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Bunge Global SA's planned $8.2 billion buyout of Viterra Inc. is set to be approved by the European Union. The approval comes after concessions offered by the firms appear to have appeased regulator concerns. EU antitrust regulators are leaning towards clearing the $34 billion deal with conditions, and Bunge is expected to tweak remedies to address EU competition concerns.
Bunge, Viterra $34 bln deal heading for conditional EU nod, source says https://t.co/sgVJ1rwhL5
⚠️ EU ANTITRUST REGULATORS LEANING TOWARDS CLEARING BUNGE BG.N, VITERRA DEAL WITH CONDITIONS, SOURCE SAYS ** BUNGE TO TWEAK REMEDIES TO ADDRESS EU COMPETITION CONCERNS, SOURCE SAYS
⚠️ BUNGE GLOBAL SA’S PLANNED $8.2 BILLION BUYOUT OF VITERRA INC. IS SET TO BE APPROVED BY THE EUROPEAN UNION - BLOOMBERG NEWS
