Canada on Tuesday approved with conditions U.S. grains merchant Bunge's $34 billion merger with Glencore-backed Viterra, clearing one of the final remaining obstacles for a global agriculture tie-up that is unprecedented in dollar value.

Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.

Bunge Global SA, one of the world’s largest crop traders, received approval from Canada for its $8 billion acquisition of Viterra Inc.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC,

The conditions and terms attached to the federal approval of Bunge Ltd.’s US$8.2-billion acquisition of Viterra Ltd. are “woefully inadequate” to address the profound impact on the market, Grain Growers of Canada’s executive director says.

The federal government has approved Bunge's acquisition of Viterra, with conditions attached. The conditions, Transport Canada says in a news release published on Tuesday, are meant to "ensure that th

The conditions for the deal approval include Bunge's divestiture of six grain elevators in Western Canada and a binding commitment from Bunge to invest at least C$520 million in Canada within the next five years, according to a statement from the transport ministry.

Bunge Limited’s BG pending merger with Viterra has been approved by the government of Canada. The approval, however, comes with terms and conditions to protect competition, encourage investment and secure economic benefits for Canada.