Following the federal approval of Bunge’s acquisition of Viterra on Tuesday, Jan. 14, stakeholders made their voices heard in a wave of reactions to the controversial merger.
Tag Archives merger

Stakeholders react to Bunge-Viterra merger approval

Bunge seeks antitrust approvals for Viterra merger in major jurisdictions
Commodities market competition healthy in Canada, U.S., CEO says
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, Viterra confirm marriage plans
Firms to merge under Bunge banner
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

Kansas City Southern plans to accept CP’s bid
Deal would create new lanes for Prairie freight, CP says
Reuters — U.S. railway Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway’s US$27.2 billion cash-and-stock acquisition offer as superior to its US$29.6 billion deal to […] Read more

U.S. regulator rejects CN’s voting trust to buy Kansas City Southern
CP rips CN's play as 'illusory and not achievable'
Reuters — The U.S. rail regulator on Tuesday rejected a voting trust structure that would have allowed Canadian National Railway (CN) to proceed with its US$29 billion proposed acquisition of […] Read more

U.S. railway’s board sticks with CN’s bid
Kansas City Southern board spurns sweetened CP bid
The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas […] Read more

U.S. FTC votes to make ‘right to repair’ a priority
Commission also drops 1995 merger policy
Washington | Reuters — The U.S Federal Trade Commission voted Wednesday to make it a priority to address the issue of manufacturers pushing consumers to use licensed dealers to repair […] Read more

Hexo steps up cannabis M+A spree with Redecan deal
Reuters — Hexo Corp said on Friday it would buy Redecan, a privately-owned Niagara-region cannabis producer, for $925 million in cash and stock, as the pot producer bolsters its portfolio […] Read more

Kansas City Southern sticks with CN as CP won’t raise bid
CN confident of regulatory approval
Reuters — Kansas City Southern on Friday reiterated that Canadian National Railway’s offer was “superior” after Canadian Pacific Railway refused to raise its bid, moving a step closer to creating […] Read more

CN shareholder urges changes to Kansas City Southern deal
Fund manager also holds stake in CP
Reuters — Billionaire hedge fund manager Chris Hohn on Tuesday urged Canadian National Railway to abandon its $33.6 billion bid for Kansas City Southern unless the Canadian railway changed its […] Read more