UPDATE: Canada Pension Plan buys stake in Viterra

UPDATED: April 6, 2016 1037 CST – The Canada Pension Plan has increased its interest in the agriculture sector. The pension plan’s investment board announced earlier today that it will pay US$2.5 billion for a 40 percent stake in Glencore PLC’s global agricultural assets. The deal is expected to close in the second half of […] Read more

Glencore: who? why? what now?

Lacking North American presence | The Swiss company produces and markets commodities such as minerals, metals, energy and agricultural products and hopes to expand its worldwide influence 

Canadian grain industry executives knew Viterra wouldn’t last long under the open market, but they didn’t foresee a takeover happening this fast or with this particular buyer. “I have to be honest, I was a bit surprised it was Glencore. But good for them and I think it will make a fairly strong company,” said […] Read more