|Bid||78.57 x 100|
|Ask||78.60 x 100|
|Day's Range||78.05 - 79.92|
|52 Week Range||58.19 - 83.75|
|PE Ratio (TTM)||20.89|
|Dividend & Yield||1.84 (2.34%)|
|1y Target Est||N/A|
Global grain trader Bunge Ltd's cost cutting and restructuring plans could buy it time in the face of a takeover bid from a larger rival as it struggles to stay independent during a slump in the commodities market, analysts said. It owned 1.75 million Bunge shares as of the last quarter, according to securities filings, making it the 15th largest shareholder with a stake worth 1.24 percent of the company.
Bunge, the grain trading house, has detailed plans to slash $450m in costs and capital spending as it deals with weakening profit margins and a possible takeover bid from commodities titan Glencore. The ...
Some are talking about a possible takeover.