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Posts related to ‘Xstrata’

China

China OKs Glencore-Xstrata Merger

Swiss-based commodities trading house and mining company Glencore International announced last night that it has received approval from China’s Ministry of Commerce for its merger with Xstrata. The Chinese government ...
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Glencore, Xstrata Again Delay Merger — China Gets the Blame

The closing of the merger between Glencore International and Xstrata has been pushed out to May 2, according to a statement this morning from Glencore. In early March the company ...
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mining

Glencore Follows Other Big Miners to Lower Profits

London-traded Glencore International has been making news for more than a year now for its takeover of Xstrata, a mining company of which Glencore already owns about 40%. The company ...
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iran map

Glencore May Have Aided Iran Nuclear Program — Reuters

For more than a year now, the big story about Glencore International Ltd. has been its effort to take over mining company Xstrata. But an exclusive report at Reuters today ...
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Update 2: Xstrata OKs Glencore Deal Minus Retention Package

As far as shareholders are concerned, the merger between Glencore International and Xstrata plc is now in the books. Xstrata shareholders approved the $31 billion merger agreement without the retention ...
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Update: Xstrata Nixes Glencore Merger, Another Vote to Come

Even though more than 99% of Glencore International shareholders voted to approve the $31 billion merger with Xstrata, the mining company’s shareholders failed to approve the deal in a vote ...
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Glencore, Xstrata Deal Nearly Completed

Shareholders of Swiss-based Glencore International have voted overwhelming to support the company’s $67 billion merger with miner Xstrata. At a meeting this morning, more than 99% of Glencore’s shareholders voted ...
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Glencore Makes Best and Final Offer for Xstrata

Commodities trading giant Glencore International has presented its final offer for mining giant Xstrata and it is substantially the same as the preliminary offer Glencore made on Friday, just before ...
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Commodities Watch: Commodity Prices Falling Everywhere; Glencore IPO Fully Subscribed (SLV, GS)

Today's commodity news focuses on the dramatic decline virtually across the board in commodity prices. There's also news on the Glencore IPO and on a big corn buy from China. ...
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