While the closing of the transaction remains subject to the satisfaction or waiver of all applicable conditions, the sole remaining regulatory approval condition is the approval of the Ministry of Commerce of the People’s Republic of China under the Chinese Anti-Monopoly Law.
Glencore and Viterra continue to engage with the Ministry of Commerce of the People’s Republic of China to ensure approval as soon as possible.
The ongoing review process continues to advance however, the approval is no longer expected to be obtained in time to facilitate a closing of the acquisition by November 15.
Source: Viterra
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