/NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN,
INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION/
BAAR, Switzerland, July 26, 2012 /CNW/ - Glencore International plc
("Glencore") announced that on 26 July 2012 it received notice from the
Foreign Investment Review Board (FIRB) that its acquisition of Viterra
Inc. ("Viterra") has been approved. This completes the Australian
regulatory approvals Glencore was required to obtain.
Chris Mahoney, Director of Agricultural Products, Glencore said, "We are
very pleased to have received FIRB approval. For almost ten years
Glencore has forged close relationships with Australian grain growers.
The acquisition of Viterra will strengthen our commitment to the future
of the Australian grain industry.
"We have noted the process improvement undertakings made by Viterra in
its responses to the South Australian Post Harvest Working Group Review
in the 2010/11 season and we are committed to implementing them. In
addition, we intend to work closely with the Australian Competition and
Consumer Commission (ACCC) to further refine access arrangements
governing South Australian grain ports."
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.
SOURCE: Glencore International plc
For further information:
For enquiries about Glencore, please contact:
Paul Smith (Investors)
t: +41 (0)41 709 2487
m: +41 (0)79 947 1348
Elisa Morniroli (Investors)
t: +41 (0)41 709 2818
m: +41 (0)79 833 0508
Charles Watenphul (Media)
t: +41 (0)41 709 2462
m:+41 (0)79 904 3320
Hintons (Media - Australia)
T: +61 (0)3 9600 1979
T: +44 (0)20 7251 3801