Viterra rises on Glencore interest

Shares in Viterra, the Canadian grain firm being circled by Glencore, jumped more than four per cent yesterday as more possible bidders emerged. The Saskatchewan firm briefly hit a three-and-a-half year high on the Toronto Stock Exchange. It has not spoken publicly since admitting third-party interest on Friday, now known to be from Glencore. Canadian companies worth over C$330m (£212m) are subject to a government review to decide if a takeover is of “net benefit” to the country.