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The
companies announced their merger a year ago in a challenge to
global giants Archer-Daniels-Midland and Cargill.
The European Commission, which did not provide details of the
concessions in line with its policy, extended its deadline for a
decision to Aug. 1 from July 18.
A spokesperson for Bunge said the company was in constructive
discussions with the European Commission, and confirmed it
offered concessions without specifying what they were.
"We are confident that the commitments we have offered address
the areas of concern expressed by the Commission, which are
limited to specific markets," the spokesperson said.
The European Commission is expected to seek feedback from rivals
and customers before deciding whether to accept the concessions
or demand more. It can open a four-month investigation if it has
serious concerns.
The deal has triggered concerns from the Canadian competition
watchdog and farm groups. It requires regulatory clearance in
North America, South America and China.
(Reporting by Foo Yun Chee; editing by Mark Potter and Jason
Neely)
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