The US Justice Department has given the go-ahead for oilseed processing business Bunge Ltd to buyout a 55% stake in French group Cereol from Italian energy giant Edison.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The stake, worth about US$830m, will make Bunge the largest soybean processor in the world.


Alberto Weisser, CEO of Bunge, held a teleconference yesterday [Wednesday] in which he announced: “We received the regulatory approval already from the Department of Justice earlier than expected.” As a result, he said that the deal could now be closed during the Q4 of 2002, rather than early next year.


The deal has still to be approved by competition regulators in Europe.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now