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Bunge's Stock Spikes on a Reported Takeover Bid From Glencore

Shares of Bunge spiked more than 15% Tuesday afternoon.

Shares of Bunge (BG) 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.

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