Bunge touches 22-month high as consolidation talk swirls
(WorldNews Business)

CHICAGO, May 24 (Reuters) - Shares of Bunge Ltd touched a 22-month high on Wednesday, signaling investors` hopes for consolidation in the commodities sector even after the U.S. agribusiness said it was not in M&A talks with the agricultural unit of Glencore Plc. Bunge shares were trading slightly higher at midmorning at $81.97 after earlier touching a peak of $82.66, the highest since July 2015. Glencore shares slipped 0.1 percent to 291.75 pence. News that Glencore Agriculture Ltd, a joint venture owned by Glencore and two Canadian pension...