The $34 billion merger between U.S. grains merchant Bunge and Glencore-backed Viterra is on track for conditional approval from the European Union, according to a source with direct knowledge of the matter. The deal, announced …
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HDFC Bank Beats Q1 Profit Forecasts, Margins Remain Stable
HDFC Bank, India’s largest private lender, reported strong first-quarter results, exceeding analysts’ profit expectations. The bank posted a net profit of 161.75 billion rupees ($1.93 billion), despite a 2% decline from the previous quarter due …
Continue readingBunge and Viterra Offer Concessions to Secure EU Merger Approval
Bunge and Viterra, two major agricultural companies, are offering concessions to win EU antitrust approval for their $34 billion merger. This move comes after the European Commission expressed concerns about the deal’s potential impact on …
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