Bunge Limited’s BG pending merger with Viterra has been approved by the government of Canada. The approval, however, comes with terms and conditions to protect competition, encourage investment and secure economic benefits for Canada.

Canada on Tuesday approved with conditions U.S. grains merchant Bunge's $34 billion merger with Glencore-backed Viterra, clearing one of the final remaining obstacles for a global agriculture tie-up that is unprecedented in dollar value.

Among the conditions, Canada is calling on Bunge to divest six grain elevators in Western Canada to maintain competitive balance for farmers in the region, as well as to retain Viterra’s head office in Regina, Saskatchewan, Canada, for at least five years to help “protect Canadian jobs.”

The federal government has approved Bunge's acquisition of Viterra, with conditions attached. The conditions, Transport Canada says in a news release published on Tuesday, are meant to "ensure that th

Canada's federal government will allow the acquisition of major Canadian grain firm Viterra by one of the world's biggest grain industry players, but not

By Ed White WINNIPEG, Manitoba (Reuters) -Farmers warn Canada's approval of U.S. grain trader Bunge's $34-billion takeover of Glencore-backed Viterra will reduce their options to sell crops at competitive prices,

Canada's government said late Tuesday it approved Bunge's (NYSE:BG) proposed acquisition of Glencore-backed (OTCPK:GLCNF) (OTCPK:GLNCY) Viterra after the companies agreed to concessions to address antitrust concerns.