EU regulators to decide on Bunge and Viterra's $34 billion deal by July 18

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EU regulators to decide on Bunge and Viterra's $34 billion deal by July 18

) and Glencore-backed Viterra's plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July 18, a European Commission filing showed on Monday.

The Commission, which acts as the EU competition enforcer, can either clear the deal with or without remedies after its preliminary review or it can open a four-month investigation if it has serious concerns. The Canadian competition watchdog, however, has cited major concerns while farm groups voiced similar worries.Scan QR code to install app

 

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