Bunge SA(US:BG) ZACKSยท2025-07-03 16:31Core Insights - Bunge Global SA has successfully completed its merger with Viterra Limited, creating a global agribusiness company aimed at meeting market demands and enhancing value for farmers and customers worldwide [1][8] Merger Details - The merger was announced in June 2023 and received unanimous approval from both companies' boards. Bunge's shareholders approved the merger in October 2023, including the issuance of 65,611,831 common shares [2] - The merger faced regulatory challenges and competition concerns, leading to delays in the process [2] Operational Enhancements - The merged entity will have a diversified agriculture network covering all major crops, enhancing geographical balance and adaptability in global value chains [3] - The combination is expected to improve operational efficiency and innovation capabilities, addressing food security, market access for farmers, and sustainable production [4] Financial Synergies - The merger is projected to generate $250 million in annual gross pre-tax operational synergies within the first three years and is expected to be accretive to Bunge's adjusted earnings per share in the first full year post-closing [6][8] Stock Performance - Bunge's stock has declined by 23.1% over the past year, compared to a 9.6% decline in the industry [7]