Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Bunge Global, SA (NYSE: BG)

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Spruce Point Capital Management has issued a “Strong Sell” research opinion on Bunge Global SA (NYSE: BG), citing significant downside risk of 55%-80%. The report claims Bunge is a “non-economic agribusiness roll-up” with a substantial capital deficit, facing core challenges in its oilseeds business and having wildly missed EBITDA projections post-Viterra acquisition. Spruce Point believes Bunge’s financial leverage is much higher than reported and criticizes the Viterra deal as disappointing and potentially mismanaged.

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