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Briefs, December 8, 2012

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Glencore International won approval from China's Ministry of Commerce for its C$6 billion (HK$46.9 billion) purchase of Canadian grain handler Viterra, one of the largest agriculture-sector deals in years, clearing the last regulatory hurdle for the deal, delayed since July. Viterra now expects it to be completed by December 17. Reuters

 

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Citigroup denied any improper trading after the bank confirmed its gas deals were among those that prompted investigations by Britain's Financial Services Authority and energy regulator Ofgem. The regulators said last month they were investigating six gas trades after a whistleblower alleged dealers had manipulated wholesale prices on Europe's biggest gas market. Reuters

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