Bunge Acquires Viterra for $18 Billion, Creating Agriculture Giant

Bunge is buying Viterra in a deal valued at approximately $18 billion
Bunge shareholders will own about 70% of the company, and Viterra shareholders will get about 65.6 million shares of Bunge stock, carrying a value of about $6.2 billion, and about $2 billion in cash.
The deal will likely draw close regulatory scrutiny, as the combined company brings it closer in global scale to leading rivals Archer-Daniels-Midland and Cargill.
The merger is expected to generate about $250 million of annual gross pre-tax operational synergies within three years.
Bunge will assume $9.8 billion of Viterra debt