Bunge Ltd. is finalizing settlement agreements with two activist investors that will add four directors to the grain trader’s board and set up a strategic-review committee that could open the door to a sale of the company, according to people familiar with the matter. Bunge is expected to announce a pair of settlements as soon as Wednesday with hedge fund D.E. Shaw & Co. and agricultural-investment firm Continental Grain Co. The agreements would expand its 11-person board by adding three new directors now—including one...
Source: Wall Street Journal October 30, 2018 15:25 UTC