Insights and Stories on Glencore

Feb. 5, 2018 at 1:29 pm CST

Reuters — Top U.S. grains merchant Archer Daniels Midland could reach an agreement to buy smaller rival Bunge as early as this week, Bloomberg reported on Monday, citing unnamed sources familiar with the matter. The potential deal comes as large grain traders that make money by buying, selling, storing and […]

By Reuters

Jan. 22, 2018 at 6:16 pm CST

Chicago | Reuters –– Archer Daniels Midland’s proposed takeover of Bunge could signal a change in the company’s strategy on oilseeds, giving the top U.S. grain merchant a much bigger capacity to crush soy just months after ADM’s CEO said the firm would cut spending on the sector. The potential […]

By Tom Polansek

Jan. 19, 2018 at 5:23 pm CST

Reuters — Top U.S. grains merchant Archer Daniels Midland has proposed a takeover of Bunge Ltd., the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore. Large grain traders which make money by buying, selling, storing, shipping and trading […]

By Rod Nickel, Tom Polansek

Nov. 22, 2017 at 7:28 pm CST

Chicago | Reuters –– Grain merchant Bunge Ltd. has sweetened compensation packages for top executives in the case of a takeover, according to the company’s regulatory filings, around six months after rebuffing an approach by commodity trading giant Glencore. Bunge and its rivals have seen profits fall as several years […]

By Tom Polansek

Nov. 15, 2017 at 7:07 pm CST

Geneva | Reuters — Commodities giant Glencore has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said. “We have looked at three or four possibilities in our core area already […]

By Gus Trompiz