News

Glencore-Xstrata merger: a timeline The $65bn mega-merger between commodities giant Glencore and miner Xstrata is close to collapse after Qatar’s sovereign wealth fund said it was unhappy with ...
(Reuters) - Glencore's $31 billion takeover of miner Xstrata got the go-ahead from both sets of shareholders on Tuesday. Europe's antitrust regulators are due to give their verdict by Thursday.
Among them, Xstrata’s CEO will become interim ... it as “positive [as] it is likely to shorten the timeline to completion [versus] Glencore switching to a more drawn-out takeover offer ...
(Reuters) – Glencore has raised its bid for miner Xstrata in an 11th-hour effort to rescue one of the sector’s largest ever deals from collapse after opposition from rival shareholder Qatar.
Glencore and Xstrata have launched merger talks to create a $88bn commodities trading and mining giant with the financial muscle to sweep up some of its biggest rivals. The all-share merger ...
LONDON – Glencore has made a revised offer in its all-share bid for Xstrata, saying that the Anglo-Swiss miner's chief executive, Mick Davis, can lead the merged company for six months before ...
The unusual relationship between Xstrata and Glencore is becoming at best a drag on Xstrata's share price and at worst a serious constraint on its strategy. That much is clear from the Prodeco ...
Commodities trader Glencore will need to sweeten its $26 billion bid for miner Xstrata or risk losing a deal it has coveted for years after key shareholder Qatar made a late demand for better terms.
A potential Glencore-Xstrata merger is setting the deal world abuzz with hope that the pre-financial crisis wave of blockbuster mining deals could be revived. It's still too early to tell even if ...
(Reuters) - Glencore's $31 billion takeover of miner Xstrata got the go-ahead from both sets of shareholders on Tuesday. Europe's antitrust regulators are due to give their verdict by Thursday.
Glencore and Xstrata have finally sealed one of the world's largest merger deals after months of fraught and complex negotiations. New company shares, Glencore Xstrata, will begin trading on the ...