MELBOURNE, June 9 (Reuters) - Glencore GLEN.L said on
Thursday it has agreed to sell a 9.99 percent stake in its
agricultural business to British Columbia Investment Management
Corp for $624.9 million, as it continues a push to cut debt.
The deal follows the company's sale of a 40 percent stake in
Glencore Agri to Canada Pension Plan Investment Board for $2.5
billion in April, and will leave Glencore with a 50.01 percent
stake, with the business to be run by the existing management
team.