Glencore receives No Action Letter from Competition Bureau of Canada for Viterra acquisition; U.S. waiting period expires
BAAR, SWITZERLAND, May 4, 2012 /CNW/ - Glencore International plc ("Glencore") today announced that it has received a No Action Letter from the Canadian Commissioner of Competition indicating that she does not intend to oppose completion of the previously announced acquisition of Viterra Inc. ("Viterra") by Glencore at this time. The receipt of the No Action Letter, which is dated May 3, 2012, satisfies one of the conditions to the consummation of the proposed transaction.
Also on May 3rd, the waiting period in the U.S. under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired.
About Glencore International plc
Glencore is one of the world's leading integrated producers and marketers of commodities, headquartered in Baar, Switzerland, and listed on the London and Hong Kong Stock Exchanges. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of Metals and Minerals, Energy Products and Agricultural Products.
SOURCE Glencore International plc
More by this Source
Glencore completes acquisition of Viterra and announces key management appointments
Dec 17, 2012, 12:00 ET
Glencore Receives Final Regulatory Approval for Acquisition of Viterra
Dec 07, 2012, 06:15 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.