Glencore receives approval from Australia’s FIRB
posted:
27/07/2012
Glencore receives approval from Australia’s FIRB
27 July 2012
Glencore International plc (“Glencore”) announced that on 27 July 2012 it received notice from the Foreign Investment Review Board (FIRB) that its acquisition of Viterra Inc. (“Viterra”) has been approved. This completes the Australian regulatory approvals Glencore was required to obtain. Chris Mahoney, Director of Agricultural Products, Glencore said, “We are very pleased to have received FIRB approval. For almost ten years Glencore has forged close relationships with Australian grain growers. The acquisition of Viterra will strengthen our commitment to the future of the Australian grain industry...