Hints and tips:
...Bunge’s strengths in processing and downstream plus Viterra’s in merchandising and handling creates a more integrated global company....
...Through its $6bn acquisition of Canadian grain handler Viterra in 2012, Glencore has emerged as a major player in agriculture, handling 44m tonnes of grain last year....
...However, Louis Dreyfus nominated former Viterra chief Mayo Schmidt, who in the end decided not to take the job. Mr van den Akker, 56, left Dreyfus earlier this year....
...Dreyfus, as the company is widely known, resumed its search for a CEO earlier this year after plans to appoint Mayo Schmidt, the former head of Viterra, the Canadian grain handler, were dropped....
...Mr Schmidt is a former head of Viterra, the Canadian-based grain trader acquired by Glencore in 2012....
...In 2012 it looked at a possible bid for Viterra, another Canadian grain trader, which was eventually sold to Glencore for $6bn....
...Dreyfus resumed its search for a chief executive late last year when its chosen candidate, Mayo Schmidt — former head of Viterra, the Canadian grain trader — decided not to take the job after failing to...
...Glencore Xstrata has also moved into agriculture through the $6.1bn purchase of Viterra, a Toronto-listed grain trader....
...Glencore’s $6.1bn purchase of Toronto-listed Viterra gave it access to wheat exports from Canada and Australia....
...Glencore’s metals- and agriculture-trading businesses have recently executed big-ticket deals with the purchases of Xstrata and Viterra, a Canadian grain dealer, respectively making the oil desk something...
...It says the former chief executive of Viterra personally earned more than C$30m when Viterra was bought by Glencore in a transaction that involved Agrium....
...The agribusiness sector has seen a wave of consolidation over the past 18 months, with Glencore spending $6bn to buy Toronto-based grain trader Viterra; Marubeni, the Japanese trading house, spending $2.6bn...
...The agribusiness industry is undergoing a rapid consolidation, with Glencore buying Canadian food trader Viterra for C$6bn, Marubeni agreeing to buy US-based grain trader Gavilon for $3.6bn and ADM pursuing...
...The agricultural trading sector has experienced an unprecedented wave of consolidation over the past year and a half, with Glencore buying Toronto-listed Viterra for $6.1bn, Marubeni acquiring Gavilon of...
...(Wall Street Journal)(Financial Times) Vitol expands into grain trading: The independent commodities house is making the expansion with the hire of a team from Viterra, the Toronto-based grain trading company...
...ADM lost out to Glencore in the race for Viterra earlier this year, a setback for Ms Woertz’s expansion plans....
...From Glencore’s purchase of Viterra of Canada for more than $6bn to Marubeni’s acquisition of Gavilon for $5.3bn to ADM’s near $2.8bn offer for GrainCorp of Australia, a series of merger and acquisitions...
...Toronto-listed Viterra has been acquired by Glencore for $6.1bn, whileMarubeni of Japan swooped on privately held Gavilon of the US for $5.3bn including debt....
...Last year Marubeni of Japan spent $5.3bn to purchase Gavilon of the US and Glencore bought Toronto-listed Viterra for $6.1bn....
...GrainCorp has been the focus of intense takeover speculation since the acquisitions of Viterra and Gavilon for any rival looking to expand in Asia....
...Glencore said in late September that the completion of the Viterra purchase had been delayed by one month to November 15 “in order to accommodate Mofcom’s review”....
...Toronto-listed Viterra has been acquired by Glencore for $6.1bn, while Marubeni of Japan swooped on privately held Gavilon in a deal worth $5.3bn including debt....
...Glencore plans to sell on Viterra’s 260 farm supply stores to Agrium....
...In the run-up to Ottawa’s decision, Chinese regulators finally gave their approval to the merger of Viterra, a Canadian grain trader, with Glencore....
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