The Conversation (0)
The Globe and Mail reported that Glencore International received a nod of approval from the Federal Government of Canada on its acquisition bid for Saskatchewan-based Viterra Inc. Christian Paradis, Industry Minister, approved the bid of $6.1 billion under the Investment Canada Act.
The Globe and Mail reported that Glencore International received a nod of approval from the Federal Government of Canada on its acquisition bid for Saskatchewan-based Viterra Inc. Christian Paradis, Industry Minister, approved the bid of $6.1 billion under the Investment Canada Act.
As quoted in the market news:
Mr. Paradis says he only approves applications that are likely to be of net benefit to Canada and the green light brings the deal closer to final approval.
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