Business News • MarketWire • Canada Pension Plan Investment Board Signs Agreement to Acquire a Significant Strategic Stake in Glencore Agricultural Products

Canada Pension Plan Investment Board Signs Agreement to Acquire a Significant Strategic Stake in Glencore Agricultural Products

Canada Pension Plan Investment Board Signs Agreement to Acquire a Significant Strategic Stake in Glencore Agricultural Products

TORONTO, ONTARIO--(Marketwired - April 6, 2016) - Canada Pension Plan Investment Board (CPPIB) announced today that one of its wholly owned subsidiaries has entered into an agreement to purchase 40% of Glencore Agricultural Products (Glencore Agri) from Glencore plc for US$2.5 billion. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the second half of calendar 2016.

View More : http://www.marketwired.com/mw/release.do?id=2112292&sourceType=3

Releted News by marketwire

SecureCom Mobile Welcomes Distinguished Encryption Engineer to Advisory Board

topcreditcardprocessors.com Publishes Recommendations of 30 Top High Risk Processing Services for April 2016