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Grain trader Viterra in talks to merge with rival Bunge

May 27, 2023 at 08:04 AM CST

May 25 (Reuters) - Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd (BG.N), a person familiar with the matter said, in a potential mega deal that would reshape the top tier of global grains merchants.

There is no certainty that Viterra, part-owned by Switzerland-based mining and trading giant Glencore (GLEN.L), will be able to reach an agreement on the terms, the source said, requesting anonymity as these discussions are confidential