Mario Parker and Simon Casey reported on Archer-Daniels-Midland Co. seeking out merger deal talks with Bunge Ltd. for Bloomberg Markets. The deal would put the combined companies' revenues on par with Cargill, and increase the companies' ability to weather sapping volatility and low commodity prices. Last year, Glencore Plc approached Bunge about a merger but has been unable to make another approach due to a standstill agreement.
ADM Seeks Merger Talks With Bunge Ltd.
Glencore Plc approached Bunge about a merger last year
November 30, 2020