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Wednesday May 23rd 2012

Glencore and Xstrata in $80 billion takeover talks

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LONDON (Reuters) – Commodities trader Glencore is in talks to buy mining group Xstrata in an all-share transaction that could create a combined group worth more than 50 billion pounds ($79 billion), shaking up the industry with its biggest deal to date.

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Related posts:

  1. Glencore offers 8 percent premium to Xstrata to seal merger: FT
  2. Glencore-Xstrata deal meets shareholder opposition
  3. Glencore, Xstrata hammering out final deal details
  4. Glencore sticks to its guns on Xstrata merger terms

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Post Published: 02 February 2012
Found in section: -, Finance