Glencore's Viterra/Bunge merger set to close in early July

Glencore PLC announced that all regulatory conditions have been met for the proposed merger of Viterra with Bunge. The transaction is expected to close in early July 2025, marking a significant step for both companies. Glencore confirmed the news in an announcement released on June 16, 2025, and will issue a further update once the merger is complete. Glencore, a major diversified natural resource company, anticipates the merger will enhance its position in the agricultural commodities market.