Glencore receives No Action Letter from Competition Bureau of Canada for Viterra acquisition; U.S. waiting period expires
04.05.2012 | CNW
BAAR, SWITZERLAND, May 4, 2012 /CNW/ - Glencore International plc ("Glencore") today announced that it has received a No Action Letter from the Canadian Commissioner of Competition indicating that she does not intend to oppose completion of the previously announced acquisition of Viterra Inc. ("Viterra") by Glencore at this time. The receipt of the No Action Letter, which is dated May 3, 2012, satisfies one of the conditions to the consummation of the proposed transaction.
Also on May 3rd, the waiting period in the U.S. under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired.
About Glencore International plc
Glencore is one of the world's leading integrated producers and marketers of commodities, headquartered in Baar, Switzerland, and listed on the London and Hong Kong Stock Exchanges. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of Metals and Minerals, Energy Products and Agricultural Products. (www.glencore.com)
For further information:
Paul Smith (Investors)
t: +41 (0)41 709 2487
m: +41 (0)79 947 1348
e: paul.smith@glencore.com
Charles Watenphul (Media)
t: +41 (0) 41 709 2462
m: +41 (0) 79 904 3320
e: charles.watenphul@glencore.com
Finsbury (Media)
Guy Lamming
Dorothy Burwell
t: +44 (0)20 7251 3801
Elisa Morniroli (Investors)
t: +41 (0) 41 709 2818
m: +41 (0) 79 833 0508
e: elisa.morniroli@glencore.com
Simon Buerk (Media)
t: +41 (0)41 709 2679
m: +41 (0)79 955 5384
e: simon.buerk@glencore.com
Canada
Mary Keating (Media)
H+K Strategies
m: 416-294-1817
e: mary.keating@hkstrategies.ca
Also on May 3rd, the waiting period in the U.S. under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired.
About Glencore International plc
Glencore is one of the world's leading integrated producers and marketers of commodities, headquartered in Baar, Switzerland, and listed on the London and Hong Kong Stock Exchanges. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of Metals and Minerals, Energy Products and Agricultural Products. (www.glencore.com)
For further information:
Paul Smith (Investors)
t: +41 (0)41 709 2487
m: +41 (0)79 947 1348
e: paul.smith@glencore.com
Charles Watenphul (Media)
t: +41 (0) 41 709 2462
m: +41 (0) 79 904 3320
e: charles.watenphul@glencore.com
Finsbury (Media)
Guy Lamming
Dorothy Burwell
t: +44 (0)20 7251 3801
Elisa Morniroli (Investors)
t: +41 (0) 41 709 2818
m: +41 (0) 79 833 0508
e: elisa.morniroli@glencore.com
Simon Buerk (Media)
t: +41 (0)41 709 2679
m: +41 (0)79 955 5384
e: simon.buerk@glencore.com
Canada
Mary Keating (Media)
H+K Strategies
m: 416-294-1817
e: mary.keating@hkstrategies.ca