ST. LOUIS โ Bunge Ltd. shareholders on Oct. 5 voted in favor of the companyโs acquisition of Viterra Ltd., approving the issuance of 65,611,831 common shares, par value of 1ยข per share. The shareholders also voted in support of moving the companyโs global agribusinessโ place of incorporation from Bermuda to Switzerland. Bungeโs operational headquarters will remain in St. Louis.
โWe appreciate our shareholdersโ vote of confidence in our strategy to position Bunge as a premier global agribusiness solutions company through the merger with Viterra,โ said Gregory A. Heckman, chief executive officer of Bunge. โOur 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.โ
The merger with Viterra is expected to close in mid-2024, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals.
