March 19, 2012 / 2:22 PM / in 5 years

Viterra shares halted pending news announcement

TORONTO (Reuters) - Shares of Viterra VT.TO, Canada's largest grain handler, were halted early on Monday, pending a news announcement.

The Regina, Saskatchewan-based company is the target of a bidding war. Commodity trading giant Glencore (GLEN.L) and other grain handlers such as U.S.-based Bunge (BG.N) and Archer Daniels Midland (ADM.N) have been reported as being interested in buying the company.

Reporting By Euan Rocha Editing by Peter Galloway

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