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Bunge completes final divestiture tied to Viterra merger approval

30 January 20261 min reading

Bunge has finalized the sale of its Valparaiso grain elevator in Saskatchewan, marking the last required divestiture under commitments made to Canadian regulators. The transaction clears a key regulatory condition linked to Bunge’s proposed merger with Viterra and formally closes the company’s divestiture process in Western Canada.

Bunge completed the divestiture of its grain elevator facility in Valparaiso, Saskatchewan on January 23, transferring ownership to Cargill. The sale represents the sixth and final asset divestment required under Bunge’s agreement with the Government of Canada to secure regulatory approval for its merger with Viterra.

The transaction received approval from Canada’s Minister of Transport and follows the earlier divestment of five other grain handling facilities announced in November 2025. As part of the regulatory process, the Valparaiso elevator had been operated separately from Bunge’s core business under an independent Hold Separate Manager since July 2025.

Bunge said the hold-separate arrangement and the sales process for all six facilities were overseen by a government-approved third party. Financial terms of the Valparaiso transaction were not disclosed.

The divestitures form part of broader regulatory scrutiny surrounding the Bunge–Viterra merger, which has drawn attention due to its potential impact on grain origination, storage capacity, and competition in Canada’s export-oriented grain supply chain.

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