Contrarian Corpus
Spruce Point Capital vs. Bunge Global SA

Bunge Global SA · BG

1 deck published between 2026-03-25 and 2026-03-25 — 74 pages, 74 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2026-03-25 initial thesis

    2026 03 69cada35ee1203a02295a54d_bg_research_thesis_3 25 2026

    74pp · full_deck

    Bunge is a levered agribusiness roll-up masking a failing Viterra deal with opaque accounting; strip out the hand-waving and the stock is worth $24-$55, 55-80% below $124.