Transport Minister Anita Anand announced Tuesday that the federal government had approved the acquisition of Viterra Limited by global agri-business Bunge Global SA, subject to extensive terms and conditions designed to safeguard competition and promote economic growth.

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,

OTTAWA, ONTARIO, CANADA — Grain Growers of Canada (GGC) said the approval of Bunge Global SA’s acquisition of Viterra does not go far enough to protect market competition for Canadian farmers and it is “extremely disappointed” by the decision announced Jan. 14 by Minister of Transport Anita Anand.

Canada on Tuesday approved with conditions Bunge's US$34 billion merger with Glencore-backed Viterra, clearing one of the final

The federal government’s approval of the Bunge-Viterra deal puts Saskatchewan jobs and farmers at risk. Less competition means lower incomes and fewer opportunities. In a statement, the Government of Saskatchewan said its priority is ensuring producers in the province “continue to be competitive with access to key global markets

Following the federal approval of Bunge’s acquisition of Viterra on Tuesday, Jan. 14, stakeholders made their voices heard in a wave of reactions to the controversial merger.

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.