After the abortive takeover attempt by BHP Billiton of Potash Corp. of Saskatchewan, Glencore has a tough task to convince the Canadians on the net benefits of acquiring Viterra. Glencore explains what these benefits are.

Link: http://www.theglobeandmail.com/globe-investor/investment-ideas/streetwise/glencore-explains-net-benefits-to-canada-in-viterra-deal/article2375052/

Questions:

1. Do such global acquisitions need to benefit the Canadian economy? Can these acquisitions not be carried out with the sole intention to make Viterra more competitive in the global market place?
2. Do you agree with Glencore’s assertion on the various benefits to Canada?
3. Can you suggest other benefits that Glencore should undertake to secure the deal?