Glencore gets China approval for Viterra takeover

December 7, 2012 12:00 PM GMT

Glencore International Plc received regulatory approval from China's Ministry of Commerce for its C$6.1-billion acquisition of Canadian grain handler Viterra Inc .

Viterra, which has operations in several counties including China, said it now expects the long-delayed deal to be effective on December 17.

(Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Joyjeet Das)

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