If the deal to merge with one of the world's largest traders and processors of soybeans and corn takes place, Glencore will become a major player in the agricultural market of the United States.
In the Swiss company, the WSJ stated that its agricultural unit "has used an informal approach to the Bunge... concerning a possible negotiated business combination".
It is also noted that it is unknown at what stage are the negotiations between the companies are conducted and if they do. Also unknown and the amount of the transaction.
The market capitalization of Bunge at the opening of the US exchanges was us $10 billion, considering the debt the company is estimated at $15 billion After the publication of information about a possible deal, the company's shares rose nearly 17%.
Translated by service "Yandex.Translation"
