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Viterra’s shareholders approve Glencore takeover bid
date:Jun 01, 2012
on to close by the end of July 2012.


In March, Glencore International signed a definitive agreement to acquire Canadian grain handler Viterra.


Gelncore also entered into an agreement to sell certain Viterra's assets such as grain elevators and retail agri-products business to Agrium and Richardson International to allay concerns of the Ottawa regulatory body, which might block the deal on competition grounds.


The acquisition will enable Glencore to cement its position in grain markets as V

12/19 22:00