On October 5, Bunge shareholders voted to approve the acquisition of Viterra Ltd., including the issuance of 65,611,831 common shares, par value $0.01 per share, of Bunge Ltd.
Shareholders also voted to move the Bunge Group's global agribusiness’ place of incorporation from Bermuda to Switzerland.
“We appreciate our shareholders’ vote of confidence in our strategy to position Bunge as a premier global agribusiness solutions company through the merger with Viterra,” said Greg Heckman, Bunge CEO. “Our team is focused on effectively running our operations while also planning for a successful integration. We are committed to creating an innovative global agribusiness company well positioned to meet the demands of increasingly complex markets and better serve farmers and end-customers.”
The merger is expected to close in mid-2024, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals.
