Glencore receives approval from the Australian Competition and Consumer Commission for its Plan of Arrangement with Viterra
posted:
07/06/2012
Glencore receives approval from the Australian Competition and Consumer Commission for its Plan of Arrangement with Viterra
7 June, 2012
Glencore International plc (“Glencore”) today announced that it has received unconditional approval from the Australian Competition and Consumer Commission (“ACCC”) for its Plan of Arrangement (“Arrangement”) with Viterra Inc. ("Viterra"). Following a review of the proposed acquisition under section 50 of the Competition and Consumer Act 2010, the ACCC stated today that they will not seek to prevent the Arrangement...