Glencore International Plc's takeover of Canada's biggest grain handler Viterra Inc may not close until as late as Nov. 15, as a review by China's Ministry of Commerce continues, Viterra said on Wednesday. The C$6.1-billion ($6.2 billion) deal was originally expected to close by late July, pending regulatory approvals.
Viterra Inc. is a vertically integrated global agri-business company. Shares of VT remained unchanged at $16.07. In the past year, the shares have traded as low as $9.45 and as high as $16.25. On average, 1853840 shares of VT.TO exchange hands on a given day and today's volume is recorded at 727151.
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