* Glencore takeover of Viterra seen completed this month
* Agrium, Richardson buying some Viterra parts from Glencore
Sept 18 Agrium Inc expects to
complete its purchase of the bulk of Viterra Inc's
Canadian and Australian farm supply stores by the end of 2012 or
early 2013, Agrium Chief Executive Mike Wilson said on Tuesday.
Agrium, the biggest U.S. farm retail supplier, is paying
C$575 million ($593 million) for the stores, which sell seed,
chemicals and fertilizer to farmers.
Agrium will buy the stores from Swiss-based Glencore
International Plc, which is expected to complete its
takeover of Viterra this month.
Privately held Canadian grain handler Richardson
International Ltd is buying some of Viterra's grain-handling
elevators and crop-processing sites once Glencore's takeover is
The Glencore-Viterra deal has received all approvals from
regulatory authorities except China's Ministry of Commerce,
which is reviewing the transaction.
Glencore's selloff of some Viterra parts to Agrium and
Richardson still requires approval of Canada's Competition