Possible acquisition of Viterra

I don't normally like to start new threads every five minutes, but this is different to the harvest updates.

'The Oz' reports that some woke European smallish investor in Glencore is urging that the latter divest its coal and grain assets. The latter includes Viterra (until 2009 ABB Grain) that operates largely in South Australia, bit in Victoria (Dimboola) and western Canada.

A possible takeover by GNC of the Australian assets might make sense, although Glencore is not guaranteed to sell.

Here's a brief extract:

"One of Europe’s most aggressive activist hedge funds has renewed its call for Glencore to carve off its thermal coal and grains businesses in a move that would affect a vast number of the commodity conglomerate’s local assets.

Bluebell Capital Partners had originally written to Glencore in November demanding the company spin off the assets, largely located in Australia...

Its Viterra grains subsidiary, which Bluebell is also advocating be sold off, became one of the largest local agricultural business – operating in South Australia and Victoria – after acquiring the ASX-listed ABB Grain in 2009..."