Bunge Global SA (BG) has carried out a series of significant strategic moves aimed at reshaping its business portfolio while enhancing operational efficiency and shareholder value. High on the list is the
merger with Viterra, a move that has received conditional approval from China and deemed to foster revenues, thus creating a
global agribusiness giant. The deal completion came in the wake of BG finalizing the exchange of $1.92 billion for Viterra notes, with the firm posting the final results. BG has also been actively involved in asset divestitures. Prominent among these was selling off its North American dry corn and masa milling business and offloading seven corn milling facilities. Further, it exited the European consumer market by selling 20 brands.
Bunge however remains resilient, as evidenced by a reiteration of the Buy rating by UBS and BofA. Despite witnessing periods of underperformance, it importantly surpassed Wall Street estimates in its Q1 2025 earnings. The substantial institutional backing, marked by 89% ownership, suggests continued faith in the company's direction.
Bunge Global Sa BG News Analytics from Tue, 10 Sep 2024 07:00:00 GMT to Thu, 10 Jul 2025 15:51:56 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -3
