Bunge's Stock Spikes on a Reported Takeover Bid From Glencore
Shares of Bunge spiked more than 15% Tuesday afternoon.
Shares of Bunge (BG) - Get Report spiked on a reported takeover bid from Glencore (GLNCY) . Any potential sale would be substantial given Bunge's $10B market cap and $15B enterprise value. Bunge is one of 4 global agribusiness companies dominating the market. The company generated nearly $43 billion in revenue last year.
Read Full Article: Bunge Stock Spikes on Glencore Takeover Reports
This article was written by a staff member of TheStreet.