Joined Nov 11, 2007
31,929 Blog Posts

Glencore Agrees $6.15 Billion Deal for Canada’s Viterra

Glencore International Plc (GLEN), the largest publicly traded commodity supplier, agreed to buyViterra Inc. (VT) for C$6.1 billion ($6.15 billion) to add grain assets in Canada and Australia.

Glencore will pay C$16.25 a share, the two companies said in a statement today. Glencore agreed the deal in partnership with Agrium Inc. (AGU) and Richardson International Ltd., which will buy the majority of Viterra’s Canadian and other assets for about C$2.6 billion in cash, according to the statement….”

Read more

If you enjoy the content at iBankCoin, please follow us on Twitter

One comment

  1. kedzilla


    • 0
    • 0
    • 0 Deem this to be "Fake News"