Senior reshuffle at Bunge

Bunge, one of the top four multinational grain trading and processing businesses, has replaced its chief executive at the same time as issuing a profit warning. Gregory A Heckman, who joined the Bunge board last year, becomes acting chief executive, replacing Soren...

Senior change at COFCO

COFCO International, the Chinese multinational that acquired the Nidera grain trading operation has restructured its commodity trading operations by splitting its grains and oilseeds activities into separate divisions with immediate effect. UK national Paul Bateson...

ADM sets its cap at Bunge

The world’s financial press is reporting that Archer Daniels Midland (ADM) has approached Bunge to discuss a potential takeover, but neither company is commenting on the proposal. The Financial Times, Reuters and Bloomberg all reported over the weekend that ADM is...