Glencore’s merger with Xstrata close to collapse
Glencore chief executive Ivan Glasenberg says he could walk away from the deal rather than give in to shareholder demands.
See http://www.guardian.co.uk/business/2012/aug/21/glencore-merger-xstrata-close-collapse?newsfeed=true.
Qatar ups stake in Xstrata to 12% for US$42.4mn ahead of Glencore merger vote
Qatar Holding has increased its stake in multinational resources giant Xstrata to just over 12% from 11.5% for approximately 26.8mn pounds (US$42.4mn), according to a filing with the London Stock Exchange.
See http://www.bnamericas.com/news/mining/qatar-ups-stake-in-xstrata-to-12-for-us424mn-ahead-of-glencore-merger-vote/318040394.