CAPITAL MARKETS

Glencore makes firm offer

GLENCORE International has released details of its takeover bid for Xstrata, but a formal recomme...

Kristie Batten
Glencore makes firm offer

In a brief statement released yesterday, Glencore confirmed the increased scrip ratio of 3.05 shares for every one Xstrata share held. “Glencore confirms that it is an all-share merger and it will...

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