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Bunge's Trading Volume Surges to $323 Million, Outpacing Rivals as China Approves Viterra Acquisition
Generated by AI AgentAinvest Volume Radar
Friday, Jun 13, 2025 7:56 pm ET1min read
On June 13, 2025, Bunge's trading volume surged to $323 million, marking a 126% increase from the previous day. The stock price rose by 5.69%, continuing an upward trend over the past two days with a total gain of 7.87%.
Bunge has received regulatory approval from China for its $8.2 billion acquisition of Viterra, a significant step towards completing the deal. This acquisition, first announced in 2023, is set to create a global crop trading and processing giant, positioning
closer in scale to its rivals and Cargill. The approval from China's antitrust regulators follows earlier clearances from the EU and Canada, with the deal expected to close around July 2.This strategic move is anticipated to enhance Bunge's market presence and operational efficiency, potentially driving long-term growth and shareholder value. The completion of this acquisition will solidify Bunge's position in the global agricultural market, leveraging Viterra's extensive network and resources to expand its reach and capabilities.
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