Glencore’s Viterra in merger talks with US grain rival Bunge

Steady footing: Signage outside the Bunge Creative Solutions Centre in St Charles, Missouri. Bunge, which operates the world’s largest network of crushing facilities processing everything from soybeans to canola, is now back on a growth path. — Bloomberg

LONDON: Glencore Plc-backed agriculture trader Viterra is in talks to merge with US rival Bunge Ltd, one of the world’s largest crop merchants, according to people with knowledge of the matter.

The companies are negotiating the structure of a potential transaction, said the people, who asked not to be identified discussing confidential information.