M&A
confidence high
sentiment negative
materiality 0.75
Bunge files Viterra FY2023 financials: revenue $54.7B, net income $453M (down 56% YoY)
Bunge Global SA
- Viterra 2023 revenue $54,673M; net income $453M vs $1,042M in 2022; gross margin $1,702M.
- Deal terms: Viterra shareholders get ~65.6M Bunge shares (~$6.2B) + ~$2.0B cash; Bunge assumes ~$9.8B debt.
- Audited Viterra balance sheet at Dec 2023: total assets $19,489M, total equity $5,344M.
- Unaudited pro forma combined statements for 6 months ended June 2024 and year ended Dec 2023 filed as Exhibit 99.3.
- Closing remains subject to regulatory approvals and other customary conditions.