03:22 PM EST - Viterra Inc. : and Glencore International plc announced that they have signed a definitive agreement pursuant to which Glencore has agreed to acquire all of the issued and outstanding shares of Viterra for $16.25 per share in cash by way of a court approved plan of arrangement. The transaction price represents a premium of 48% over Viterra's closing share price on the Toronto Stock Exchange of $10.98 on March 8, the day prior to Viterra's announcement that it had received expressions of interest regarding a potential transaction, and 55% over Viterra's 20-trading day volume weighted average trading price of $10.48 per share ending on March 8. Viterra Inc.
shares T.VT are trading down $0.06 at $15.91.
