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Tag Archives competition bureau


(file photo)
News

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

Regulators in 13 jurisdictions, including the U.S., EU, have not yet approved the deal

By Reuters, Rod Nickel April 24, 2024
Canada's competition concerns about U.S. agribusiness Bunge's planned takeover of rival Viterra sets the stage for the companies to sell some assets to close the deal, experts said.

(file photo)

Competition bureau has major concerns about proposed Bunge-Viterra merger

By David Ljunggren, Reuters, Rod Nickel April 23, 2024
The Competition Bureau on Tuesday said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge and Glencore-backed Viterra.

Signage on Viterra’s office building in Regina. (Dave Bedard photo)
Crops, Markets

Bunge seeks antitrust approvals for Viterra merger in major jurisdictions

Commodities market competition healthy in Canada, U.S., CEO says

By Karl Plume November 3, 2023
Minneapolis | Reuters — Bunge has filed for regulatory approvals for its merger with crop handler Viterra in “major jurisdictions” in North and South America, Europe and China, and has […] Read more

(Bunge video screengrab via Vimeo)
Crops, Markets

Bunge shareholders bless Viterra wedding

Company still expects to close deal mid-2024

By Dave Bedard October 10, 2023
Shareholders in U.S. grain and agrifood giant Bunge have voted their advance approval of the company’s plans to take up one of Canada’s biggest grain industry players. Bunge on Thursday […] Read more

File photo of the produce section at a Canadian grocery store. (FatCamera/E+/Getty Images)
Markets

Trudeau summons top grocers over rising food prices

Major grocers' level of profit 'does not make sense,' PM says

By David Ljunggren, Deborah Mary Sophia September 15, 2023
Ottawa | Reuters — Prime Minister Justin Trudeau on Thursday said he had summoned the country’s top grocers to help find solution to the surging food prices and vowed to […] Read more


Canada Malting’s processing plant in Montreal. (CanadaMalting.com)
Crops

Bureau won’t challenge takeover of Canada Malting parent

U.K. also has 'no further questions'

By Dave Bedard August 17, 2023
The owner of one of Canada’s major commercial maltsters says its takeover by a major French peer won’t be challenged by Canada’s antitrust regulator. United Malt Group, whose Canadian assets […] Read more

An air-fryer grilled cheese and ham sandwich. (Dempsters.ca)
Crops, Markets

Canada Bread fined $50 million over price-fixing

'Leniency' settlement follows breadmaker's guilty plea

By Dave Bedard June 22, 2023
A storied Canadian producer of bread and bakery products has a month to pay a $50 million fine for price-fixing in an ongoing federal probe which still has eyes on […] Read more

Viterra’s oilseed crush plant at Becancour, Que. (Viterra.com)
Crops, Machinery, Markets

Bunge deal for Viterra to boost oilseed dominance, renewable diesel potential

Canada's Competition Bureau pledges to review deal

By Karl Plume, Rod Nickel June 14, 2023
Chicago | Reuters — Bunge’s planned acquisition of Viterra would make the world’s biggest oilseed crusher even more dominant and secure a larger role in the expanding renewable diesel industry, […] Read more


Signage on Viterra’s office building in Regina. (Dave Bedard photo)
Crops, Markets

Bunge, Viterra confirm marriage plans

Firms to merge under Bunge banner

By Dave Bedard June 13, 2023
The grain handler built out from the foundations of the former Prairie pools is set to be absorbed into one of the world’s biggest grain trading firms in a cash-and-stock […] Read more

(FITTrials.com)
Crops, Markets

Competition Bureau’s call for Manitoba elevator sale rejected

Bureau 'carefully reviewing' Competition Tribunal decision

By Dave Bedard November 10, 2022
A federal antitrust tribunal’s decision may soon make Canadian grain firm Parrish and Heimbecker the uncontested owner of the full set of Louis Dreyfus’ Prairie grain elevators. In a decision […] Read more

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