Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.

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.

The Canadian government has approved Bunge Ltd.'s US$8.2-billion acquisition of Viterra Ltd. in a decision that includes terms and conditions meant to allay concerns about competition.

Christy Clark, the former premier of British Columbia, abandoned a possible bid to replace Justin Trudeau, further narrowing the field for Canada’s next Liberal Party leader and prime minister.

Canada's Minister of Innovation, Science and Industry Francois-Philippe Champagne speaks during Question Period on Parliament Hill in Ottawa, Ontario, Canada, December 17, 2024. REUTERS/Patrick Doyle/File Photo TORONTO (Reuters) - Canadian Innovation Minister Francois-Philippe Champagne on Tuesday said he would not run in the race to replace Justin Trudeau as leader of the ruling Liberal Party.