The Competition Bureau has announced that they have entered into a consent agreement with Agrium which addresses the Bureau’s concerns arising from Agrium’s proposed acquisition of the majority of Viterra Inc.’s retail agricultural business from Glencore International PLC. During the merger review process, the Bureau concluded that the proposed merger would likely lead to a substantial prevention or lessening of competition in the retail supply of anhydrous ammonia and urea to farmers in certain areas of Alberta and Saskatchewan. As a result, the consent agreement calls for Agrium to divest seven retail stores and nine anhydrous ammonia businesses in the affected areas ... [more] Full article