Bunge Nears China Ruling for $8.2 Billion Viterra Merger, Bloomberg News Reports
06.12.2025 By Tank Terminals - NEWS

June 12, 2025 [Reuters]- U.S. grains merchant Bunge is close to getting a ruling from Chinese regulators on its $8.2 billion purchase of Glencore-backed Viterra with a verdict expected within days, Bloomberg News reported on Wednesday.

 

The merger, first announced in 2023, would create a global crop trading and processing giant closer in scale to chief rivals Archer-Daniels-Midland and Cargill.

Regulatory approval in China remains among the last remaining hurdles to the deal’s closing.

Bunge and Viterra said in two separate, similarly worded statements to Reuters that the companies were in the final stage of regulatory approval and thanked Chinese officials for “constructive dialogue throughout the review process.”

China’s commerce ministry did not immediately respond to a Reuters request for comment.

The deal has secured most global approvals required for the merger, including from the EU and Canada.

The completion deadline, originally scheduled for mid-2024, has been extended multiple times, with the current date set for June 13.

 

TankTerminals.com is a market research platform with logistical, operational, infrastructural and shipping data that includes contact details of more than +9,600 tank terminals and +6,000 production facilities worldwide.

Access data. Decide better. See how.

Evos Appoints Daan Vos as Its New CEO
07.11.2025 - NEWS
July 11, 2025 [Storage Terminals Magazine]- Evos has announced the appointment of Daan Vos as its... Read More
ADNOC Becomes First Energy Company to Pilot Oxford Flow’s Stemless Valve Technology
07.11.2025 - NEWS
July 11, 2025 [Storage Terminals Magazine]- ADNOC has become the first energy company to pilot Ox... Read More
IHI and Vopak Signed a Joint Development Agreement for the Proposed Establishment of a Joint Venture for the Development and Operation of an Ammonia Terminal in Japan
07.11.2025 - NEWS
July 11, 2025 [Vopak]- IHI Corporation (“IHI”) and Royal Vopak (“Vopak”) have signed a jo... Read More
Japan’s Sumitomo Backs Major UK Carbon Capture Pipeline Project
07.11.2025 - NEWS
July 11, 2025 [Pipeline Technology Journal]- Sumitomo Corporation, a major Japanese trading compa... Read More