Bunge Nears Settlement Agreements With Activists - News Summed Up

Bunge Nears Settlement Agreements With Activists


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



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