Glencore is possibly nearer to a deal with Canda’s largest pension fund to sell 40% stake in its agriculture business. CPPIB has agreed to pay $2.5 billion against a total valuation of $6 billion. However, there is no guarantee that the deal will surely take place.
Viterra Inc
Breaking News
Shares of U.S.-based agribusiness Andersons Inc (ANDE.O) jumped more than 6 percent on Friday, outpacing the sector, after a Bloomberg News report speculated that Glencore PLC (GLEN.L) could be interested in acquiring the company.
Winnipeg, Canada-based non-profit agricultural organization Canadian International Grains Institute (Cigi) receoved a $1-million investment boost from Regina-based grain-handling firm Viterra Inc to promote Canadian field crops locally and internationally.
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