By Ray Brindal

CANBERRA--Glencore International PLC (GLEN.LN) said Friday that Australia's Foreign Investment Review Board has approved its acquisition of Canada-based grain handler Viterra Inc. (VTA.AU).

Chris Mahoney, Glencore's director of agricultural products, welcomed the FIRB approval and also said the company plans to work with anti-trust watchdog the Australian Competition and Consumer Commission to refine access arrangements for grain ports in South Australia state.

"For almost 10 years Glencore has forged close relationships with Australian grain growers. The acquisition of Viterra will strengthen our commitment to the future of the Australian grain industry," he said in a statement.

The companies announced the C$6.1 billion acquisition agreement in March.

-Write to Ray Brindal at ray.brindal@wsj.com

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