Bunge shares are trading lower after it agreed to merge with private company Viterra Limited in a stock and cash transaction.
Portfolio Pulse from Benzinga Newsdesk
Bunge has agreed to merge with private company Viterra Limited in a stock and cash transaction, causing Bunge shares to trade lower.
June 13, 2023 | 10:53 am
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Bunge's stock price is trading lower after announcing a merger with Viterra Limited in a stock and cash transaction.
Bunge's stock price is trading lower as a result of the announced merger with Viterra Limited. The stock and cash transaction may cause uncertainty among investors, leading to a short-term negative impact on Bunge's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100