Industry News

Glencore-Xstrata deal on brink as deadline passes

August 24, 2012 Comments Off on Glencore-Xstrata deal on brink as deadline passes

August 24, 2012, 3:40 pm

By Clara Ferreira-Marques and Sinead Cruise
LONDON (Reuters) – Glencore’s proposed $30 billion takeover of Xstrata came a step closer to collapse on Friday, as the commodities trader looked set to let slide an informal deadline for it to raise its offer and yield to …

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