“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….”
If you enjoy the content at iBankCoin, please follow us on Twitter
veto