Glencore And Xstrata Confirm £57bn Merger

Anglo-Swiss commodities firms Glencore International and Xstrata have confirmed a merger to create a new group with a combined market value of $90bn (£57bn).

Shareholders threaten Glencore deal

Two top 10 shareholders in miner Xstrata said today they would vote against a takeover by commodities trader Glencore, threatening the industry's biggest deal to create a powerhouse spanning mining, agriculture and trading.

Glencore-Xstrata deal meets shareholder opposition

LONDON (Reuters) - Two top 10 shareholders in miner Xstrata said on Tuesday they would vote against a takeover by commodities trader Glencore, threatening the industry's biggest deal to create a powerhouse spanning mining, agriculture and trading. Standard Life Investments, the fourth largest investor in Xstrata, and Schroders head of UK equities said the deal to buy the remaining 66 percent of ...

Glencore's move to take over Xstrata meets shareholder opposition

LONDON (Reuters) - Two top 10 shareholders in miner Xstrata said on Tuesday they would vote against a takeover by commodities trader Glencore , threatening the industry's biggest deal to create a powerhouse spanning mining, agriculture and trading. Standard Life Investments, the fourth largest investor in Xstrata, and Schroders head of UK equities said the deal to buy the remaining 66 percent of ...

Glencore to take over Xstrata for $41 billion

LONDON (Reuters) - Commodities trader Glencore agreed on Tuesday to buy the remaining 66 percent of miner Xstrata for $41 billion (25 billion pounds) in a record deal to create a powerhouse spanning mining, ...