$90B Global Mining Giant Glencore-Xstrata Inches Closer: Deal Depends On Qatar Now |
| October 01, 2012 | October 2012 Bond Updates |
|
The long and winding road that has been the attempted merger between miner Xstrata and commodities trading house Glencore seems to be nearing its end. On Monday, the board of Xstrata recommended the “all-share merger of equals” to its shareholders, putting a controversial £144 million ($232 million) bonus package up for vote. |
| View more at: http://www.forbes.com/sites/afontevecchia/2012/10/01/glencore-xstrata-merger-inching-toward-completion-90b-deal-depends-on-qatar-now/ |
| Related News |