UPDATE 2-ADM has made takeover approach to Bunge -WSJ
January 19, 2018 at 16:58 PM EST
Jan 19 (Reuters) - Agricultural processing and trading company Archer Daniels Midland Co has proposed a takeover of Bunge Ltd, the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc .