Some shareholders baulk at Glencore-Xstrata merger
No sooner was the biggest ever merger in the mining sector announced than it met opposition.
Miner Xstrata is to be taken over by commodities trader Glencore, but two major shareholders -- Standard Life Investments and Schroders -- have said they will vote against the deal as it undervalues their shares.
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http://www.euronews.net/
Miner Xstrata is to be taken over by commodities trader Glencore, but two major shareholders -- Standard Life Investments and Schroders -- have said they will vote against the deal as it undervalues their shares.
...
http://www.euronews.net/