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Canadian Grain Commissioncalgaryherald
•63% Informative
Federal government approved Bunge Ltd.’s US$8.2-billion acquisition of Viterra Ltd. The federal government said its approval includes terms and conditions designed to protect competition.
A University of Saskatchewan report found that the merger could lead to losses of $770 million per year for producers.
Alberta Grains , which represents Alberta 's wheat and barley farmers, was one of four farm groups that commissioned the study.
Viterra was acquired by Swiss commodities giant Glencore in 2012 for $6.1 billion . Glencore later sold a 40 per cent stake in the company to the CPP Investment Board and a nearly 10 per cent stake to the B.C. Investment Management Corp. — With files from The Canadian Press .
VR Score
74
Informative language
77
Neutral language
70
Article tone
formal
Language
English
Language complexity
67
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources