date:Dec 24, 2012
Swiss commodities trader Glencore International has completed the acquisition of Canadian grain handler Viterra in a C$6.1bn ($6.18bn) all-cash deal.
In March 2012 Glencore signed an agreement to acquire Viterra, which operates grain-marketing and distribution businesses across Canada, the US, Australia, New Zealand and China.
Glencore also agreed to sell certain Viterra assets such as grain elevators and part of its retail agri-products business to Agrium and Richardson International to allay