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MatlinPatterson to drop bid conditions

MATLINPATTERSON says it will waive all conditions associated with its takeover bid for Anaconda N...

Michael Quinn
MatlinPatterson to drop bid conditions

However, the New York fund said the bid may be terminated if, amongst other things, Glencore terminates its underwriting agreement, or if it (MatlinPatterson) is required to exercise more than 65% of all...

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