Report
Roger Bade
EUR 57.00 For Business Accounts Only

Glencore (GLEN) - Bidding battle for Bunge (BG-NYSE)?

There are various reports this morning that its bid for the American agricultural trading group Bunge is becoming interesting as rival agricultural major ADM has apparently entered the fray. The Bunge share price rose 11.4% with decent volume on Friday.
Underlying
Glencore plc

Glencore is engaged as a natural resource companies. Co. is organized and operates on a worldwide basis in three main business segments: Metals and minerals, which comprised of zinc, copper, lead, alumina, aluminium, ferroalloys, nickel, cobalt and iron ore; Energy products, which comprised of crude oil, oil products, steam coal and metallurgical coal; and Agricultural products, which comprised of wheat, corn, canola, barley, rice, oil seeds, meals, edible oils, biofuels, cotton and sugar supported by investments in storage, handling, processing and port facilities.

Provider
Whitman Howard
Whitman Howard

Whitman Howard is an independent institutional stockbroking and investment banking business focused on servicing the needs of our corporate clients and institutional investor base.

The company began trading in 2011 with a team of highly experienced market professionals and the goal of building a leading capital markets business in an entrepreneurial environment.

Analysts
Roger Bade

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