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Article: Viterra Provides Update on ACCC Process Related to ABB Grain.
- Article from:
- Marketwire Canada
- Article date:
- August 5, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CALGARY, ALBERTA, Aug 5, 2009 (Marketwire via COMTEX) -- Viterra Inc. (TSX:VT) acknowledges and references the announcement by the Australian Competition and Consumer Commission (ACCC) concerning the ACCC's draft decision on an access undertaking by ABB Grain Ltd. (ASX:ABB) in respect of its port facilities. On May 19, 2009, Viterra announced that they signed an implementation agreement under which they intend to acquire all the issued and outstanding shares in ABB Grain. The scheme booklet has been lodged with ASIC and is expected to be mailed to ABB shareholders during the first week of August.
ABB is an accredited bulk wheat exporter from Australia. Under ...