The Canadian government has approved commodities trader Glencore International’s $6 billion takeover of dual-listed agribusiness Viterra Inc but the transaction still requires the approval of the Chinese government.

The review by China’s Ministry of Commerce, required under China’s anti-monopoly laws, is expected to continue into August.

“Viterra and Glencore do not expect closing of the acquisition of Viterra by Glencore pursuant to the court-approved plan of arrangement (the arrangement) to occur by the end of July 2012,” Viterra said in a statement on Monday.

“Viterra and Glencore will update the market in due course when they expect closing of the arrangement to occur.”

Canada-based Viterra is listed on the Toronto Stock Exchange and the Australian Securities Exchange (ASX).

Viterra took over Australian-listed grains marketer ABB Grain in September 2009.

The company also has operations in the US, New Zealand and China, and a growing international presence in Japan, Singapore, Vietnam, Switzerland, Italy, Ukraine, Germany, Spain and India.

Glencore is listed on the London and Hong Kong stock exchanges and has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of metals and minerals, energy and agricultural products.

Viterra’s securities were nine cents lower at $15.42 on Monday.