Bunge’s Viterra acquisition under review by Canadian government

Chamber of Shipping > Blog > News > Local > Bunge’s Viterra acquisition under review by Canadian government

The Canadian government is launching a review of the proposed acquisition of grain handler Viterra Limited by Bunge Limited, a global agricultural company. Both companies have ownership interests in port terminals in Canada. The review will be conducted under the mergers and acquisitions provisions of the Canada Transportation Act to ensure fair competition and pricing in the transportation sector, especially for Canadian farmers. The public interest assessment will include consultations with Canada’s ports, marine industry, stakeholders, and other government departments. Transport Canada has up to 250 days to complete the assessment.

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