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Glencore's (GLCNF.PK) takeover of Canadian grain handler Viterra (VTRAF.PK) may not close until...

  • Friday, November 9, 2012, 11:11 AM ET
    Glencore's (GLCNF.PK) takeover of Canadian grain handler Viterra (VTRAF.PK) may not close until as late as Dec. 10, as China's Ministry of Commerce continues to review the $6.1B deal. Speculation is that China is delaying until Canada decides on whether to approve Cnooc's takeover of Nexen. Also affected are Glencore's side deals to flip some Viterra assets to Agrium (AGU), CF Industries (CF) and others.
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