Industry Canada’s review of Glencore International PLC’s takeover of Regina-based grain handler Viterra has been extended by a month.
The review period was to end on Monday, but the company says it has agreed with Industry Minister Christian Paradis to add another 30 days to that schedule.
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Glencore says it still expects to get all of the regulatory approvals it needs to close the $6-billion transaction by the end of July.
Last month the Competition Bureau said it isn’t challenging the deal, though it is weighing subsequent sales of Viterra assets to Calgary-based Agrium and Winnipeg-based Richardson International.
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