UK inflation unexpectedly eases in December, which could reduce pressure in bond markets
Body count from South African mine siege rises to 60
US importers rush in goods from China as Trump tariff threat looms
Novak Djokovic breaks a tie with Roger Federer for the most Grand Slam matches in tennis history
China's RedNote: what you need to know about the app TikTok users are flocking to
British author Neil Gaiman denies ever engaging in non-consensual sex as more accusers come forward
By Foo Yun Chee
BRUSSELS (Reuters) -U.S. grains merchant Bunge and Glencore-backed Viterra's $34 billion merger deal is heading towards conditional EU antitrust approval, a person with direct knowledge of the matter said on Wednesday.
The companies announced the deal to create one of the world's largest agriculture trading firms a year ago to better compete with market leaders Archer-Daniels-Midland and Cargill.
Bunge and Viterra earlier this month offered to sell Viterra's crush and refining plants for oilseeds in Hungary and Poland to allay EU competition concerns.
They will now tweak these offered remedies in return for the European Commission's approval and following feedback from market participants, the person said.
The Commission, which is scheduled to decide on the deal by Aug. 1, and Bunge declined to comment.
The deal, which has been given a green light in Brazil, faces regulatory headwinds and farm groups' concerns in Canada.
Bloomberg was the first to report about the imminent EU approval.
(Reporting by Foo Yun Chee; Editing by Kirsten Donovan)
