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Agrium’s Proposed Purchase of Viterra Meets Time Frame Requirements: Competition Bureau

Investing News Network
May. 16, 2013 04:36AM PST
Potash Investing

Mining Weekly reported that Canadian Competition Bureau’s review of Agrium’s proposed purchase of Viterra assets has shown that it is within the necessary time frame, but they cannot assume at this point what the ruling will be.

Mining Weekly reported that the Canadian Competition Bureau’s review of Agrium’s proposed purchase of Viterra assets has shown that it is within the necessary time frame, but they cannot assume at this point what the ruling will be.

As quoted in the Mining Weekly report:

The Bureau’s review is ongoing, and is proceeding in accordance with the statutory timelines set out in the Competition Act,” the company said in a statement on Wednesday. “At this stage, it is premature to assess the likely outcome of the bureau’s review.

To view the whole Mining Weekly report, click here.

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