Sydney Morning Herald
| 9 months ago
The revised offer of 3.05 Glencore shares for each Xstrata share, a 17.6 per cent premium, is significantly lower than would be expected in a takeover, Zug, Switzerland-based Xstrata said today in a statement responding to the proposal. Glencore,...
The Independent
| 9 months ago
Ivan Glasenberg, the billionaire commodities tycoon behind Glencore, took a massive gamble yesterday as he fought to rescue his dream of taking over mining giant Xstrata. With the £50bn merger seemingly falling apart and Qatar, a major Xstrata...