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Glencore pushes ahead with raising

GLENCORE has formally launched a placement of up to 1.3 billion new shares.

Kristie Batten
Glencore pushes ahead with raising

The shares represent around 9.9% of Glencore’s existing issued share capital. As announced last week, 78% of the new shares will be allocated through the bookbuild to new and existing institutional investors....

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