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Global agriculture company Bunge has announced that its shareholders have approved its acquisition of Viterra, expected to close in mid-2024. The plans were revealed earlier this year, with the two grain specialist businesses initiating talks on the potential merger as reported by FoodBev at the end of May. The $8.2 billion agreement was confirmed in June, aiming to create a global agribusiness company aiming to meet the demands of “increasingly complex markets” to better serve farmers and end-customers. Bunge’s shareholders approved the acquisition of Glencore-backed Viterra last week, including the issuance of 65,611,831 common shares. The company’s shareholders also voted in support of moving Bunge’s incorporation from Bermuda to Switzerland. Greg Hackman, CEO of Bunge, said: “We appreciate our shareholders’ vote of confidence in our strategy to position Bunge as a premier global agribusiness solutions company through the merger with Viterra”. He added: “Our team is focused on effectively running our operations while also planning for a successful integration”. The merger is subject to the satisfaction of customary closing conditions, including receipt of regulatory approvals.