BG - Bunge: Consolidation Could Be A Buying Opportunity

2024-05-16 14:05:12 ET

Summary

• Bunge Global SA is a leading agribusiness and food company with a significant presence in Brazil.
• The company's shares have been on a bullish trend since the 2020 pandemic low and are expected to continue rising.
• Bunge may be a potential candidate for a merger or acquisition to solve its growth issues and expand its business potential.
• Bunge Global shares have been in a range, and the odds favor an eventual upside break.

Bunge Global SA ( BG ) is a worldwide agribusiness and food company. BG is one of the ABCD companies that feed and increasingly power the world. Archer-Daniels-Midland ( ADM ) and Bunge ((BG)) are publicly traded agricultural giants, while Cargill and Louis Dreyfus are privately held....

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