Glencore In Talks For Joint Viterra Bid With Agrium, Richardson -FT
March 15 2012 - 3:24PM
Dow Jones News
Glencore International PLC (GLEN.LN) is in advanced discussions
with Agrium Inc. (AGU.T) and the privately owned Richardson
International to pursue a joint bid for Viterra Inc. (VT.T), the
Financial Times reported Thursday.
An offer is expected as soon as early next week, the FT
reported, citing industry executives.
Bunge Ltd. (BG) and Archer Daniels Midland Co. (ADM) are also
planning to make a bid for Viterra, the newspaper reported, citing
industry executives.
Viterra said Thursday that it set up a formal process to
consider possible takeover offers.
Full story at www.ft.com
-Dow Jones Newswires; 212-416-2900
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