Business experts don't anticipate the multi-million dollar acquisition of Viterra, with its Canadian headquarters in Saskatchewan's capital city, to heavily impact jobs in the province. Under the terms of the agreement, Viterra shareholders would receive about US$6.2 billion worth of Bunge stock and another approximately US$2 billion in cash. (CBC)The union represents about 600 Saskatchewan Viterra employees. Union concerned employees will be forgottenTorgerson said the union's main concern is employees being lost in the shadow of a massive deal. The merger is expected to close in the middle of 2024, subject to customary closing conditions, including regulatory approvals and approval by Bunge shareholders.

Source: CBC News June 17, 2023 23:25 UTC