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Market Chatter: Glencore Takeover of Viterra May Close in August

Glencore International PLC's takeover of Canada's biggest grain handler, Viterra Inc (VT.TO), may close in August, slightly later than expected, the chief executive of Agrium Inc (AGU.TO) said on Wednesday, Reuters reported.

The takeover still requires the Canadian government's approval, and a competition review of Glencore's side deals to sell some assets to Agrium and Richardson International Limited will begin after Glencore's transaction closes, Agrium CEO Mike Wilson told the company's investors in Chicago.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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