Space porn: These images are (quite literally) out of this world
GENEVA (AP) — Swiss-based commodities firm Glencore International PLC agreed Tuesday to buy Canada’s largest grain handling company Viterra Inc., in a deal valued at 6.1 billion Canadian dollars ($6.14 billion).
Glencore will immediately sell on the majority of Viterra’s Canadian assets and certain other businesses to Agrium and Richardson International for about CA$2.6 billion in cash, it said.
The announcement comes a day after Viterra revealed it was in exclusive talks with a potential buyer.
Glencore said it will buy all shares of Viterra for CA$16.25 per share in cash, a premium of about 50 percent over its trading value before the first word of a possible deal emerged March 8.
“The acquisition of Viterra is consistent with Glencore’s strategy of strengthening its position as one of the global leaders in grain and oilseeds markets,” said the company based in Baar, Switzerland.
Shares in Glencore were down 2.3 percent at 411 pence in afternoon trading in London.
Glencore is already one of the world’s biggest traders in raw materials, such as coal, cotton and corn. Last year, Glencore underwent a $10 billion IPO and it recently announced plans for a $90 billion merger with Anglo-Swiss mining group Xstrata PLC.
Canadian authorities will likely examine whether the takeover of Viterra is a “net benefit” to Canada. They have previously blocked Glencore rival BHP Billiton’s takeover of Potash Corp. because of concerns.
NASA astronaut Mike Hopkins
On December 28, 2013, Expedition 38 crew member Mike Hopkins participating in the second of two space walks to replace a degraded pump module on the International Space Station. (NASA astronaut Rick Mastracchio is reflected in his helmet!)
The Soyuz TMA-10M
The Soyuz TMA-10M headed towards the International Space Station with crew members from Expedition 37 onboard.
40 years ago the Apollo 8 mission flew up to the moon, orbited it ten times and then returned to Earth. This picture was taken from that flight and shows the Earth as it seemingly rises in similar fashion to a sunrise.
Sunrise from Expedition 36
NASA Flight Engineer Karen L. Nyberg of Expedition 36 took this photo of the sun rising -- a sight they saw nearly 16 times per day due to the speed of the International Space Station's orbit around the earth.
A pair of NanoRacks CubeSats -- nanosattelite spacecrafts carrying experiments -- were launched by Expedition 38.