In the story that seemed like it would never end. China has finally approved the Glencore purchase of Viterra. Many people in the industry were starting to question whether the deal would actually ever happen due to the constant delays and extensions of the deadline. See the press release. According to the press release: This... Read More
Tag: Glencore
Viterra Inc. announced today that Glencore International PLC's purchase of the company is on hold until at least December 10th. The deal is hung up on regulatory approval from the Ministry of Commerce of the People's Republic of China. Industry Canada has approved the $6.1 billion deal that will see Winnipeg-based Richardson International buy up... Read More
I always find it interesting to read or hear the mainstream media cover big ag stories. We have been able to see this with the coverage of the CWB single desk dissolving early this year and now the Glencore - Viterra deal. In the below episode of the Lang and O'Leary Exchange, three segments are... Read More
John Depape, The CWB Monitor, talks to RealAgriculture.com about the potential sale of Viterra to a foreign company like Glencore. John gives his feelings on whether Viterra is a national strategic asset, whether the competition bureau has anything to say about this size of deal, and if this potential deal with Glencore makes any sense... Read More