Reuters: Regulatory News: Canada Competition Bureau says announcement coming

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Canada Competition Bureau says announcement coming May 2nd 2012, 20:00 TORONTO | Wed May 2, 2012 4:00pm EDT TORONTO May 2 (Reuters) - Canada's Competition Bureau, a independent federal regulator, said on Wednesday it planned to issue a "significant" announcement later in the afternoon. The agency is currently reviewing Maple Group's C$3.8 billion ($3.84 billion) proposal to take over TMX Group, the operator of the Toronto Stock Exchange. It is also reviewing a proposed takeover of Canada's biggest grain handler, Viterra Inc, by Glencore International PLC. BCE Inc's offer to buy Astral Media is also under review.

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