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Glencore's <GLEN.L> $31 billion takeover of miner Xstrata <XTA.L> got the go-ahead from both sets of shareholders on Tuesday. Europe's antitrust regulators are due to give their verdict by Thursday.
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 ...
The Complex Sign-Off in 2012. In February 2012, Glencore and Xstrata agreed to an all-share merger, with the commodities trader offering 2.8 new shares for every Xstrata share.
Glencore CEO Ivan Glasneberg, a billionaire, raised his bid in order to secure a takeover of Swiss miner Xstrata in an all-share merger that would be the year's largest corporate deal and create a ...
(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.
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 handing ove ...
Commodities trader Glencore International and takeover target Xstrata said Wednesday they have agreed on revised terms for paying retention bonuses for Xstrata executives, an issue which had sti ...
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 ...
(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 ...
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. Deal Journal recaps of how some of ...
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