Bunge Global SA (BG)
收市後：
- Reuters
Canada's worries about Bunge-Viterra deal may force asset sales
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. Bunge's CEO Greg Heckman said remedies may be unnecessary. The Competition Bureau in Canada, a major grain and canola exporter, said on Tuesday it was worried about reduced competition to buy farmers' crops in Western Canada and to sell canola oil in Eastern Canada if the deal proceeds.
- Barrons.com
Bunge Stock Sinks as Falling Prices Weigh on Profit
Bunge stock is sinking after the grain trader reported shrinking profit for the first quarter of 2024, as crop prices continued to fall because of abundant supplies and expanded processing capabilities. Crop traders and processors such as Bunge buy crops—mainly soybeans but also corn and other grains—process them, and sell the end products as livestock feed, cooking oil, or biofuels. The price of soybean meal—often used in food and animal feeds—has declined 20% over the past 12 months, while prices of soybean oil declined 14%.
- Bloomberg
Bunge Shares Slump as Crop Trader Reaffirms Weaker Outlook
(Bloomberg) -- Bunge Global SA’s shares slumped as the agribusiness giant reaffirmed the outlook for weaker profits even as first-quarter earnings beat estimates.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapTesla Soars as Musk’s Cheaper EVs Calm Fears Over Strate
