Glencore Xstrata writes down inherited Xstrata assets
Hard times in the mining world as Glencore Xstrata announced a $8.1 billion (6.05 billion euros) writedown on the value of assets.
That comes after the merger of the two industry giants and following a three month long review of Xstrata's assets, which contributed $7.7 billion (5.75 billion euros) to the writedowns.
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http://www.euronews.net/
That comes after the merger of the two industry giants and following a three month long review of Xstrata's assets, which contributed $7.7 billion (5.75 billion euros) to the writedowns.
...
http://www.euronews.net/