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Saskatchewan | Everyone's been talking since the CWB lost it's monopoly that Viterra would be of sudden interest to one of its bigger US brothers.... Bunge, ADM, Cargill, etc.
Sounds like there's already been talk.
http://www.bloomberg.com/news/2012-03-09/viterra-says-third-parties...
I know if it's Cargill, they might have to liquidate some facilities across the prairies much like last time when SWP picked up AU. ADM used to have a 40% share of AU, but took a leave of absence in Canada after SWP bought AU. I've never heard of any Bunge facilities on the prairies.
I hate hearing this because I know we are going to lose head office jobs in Regina. But I guess it's progress!
We all knew this was going to happen anyways. Mayo could never get viterra above a $10 stock. No matter what he did! | |
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Viterra might be acquired
