Qatar wants sweetened Glencore-Xstrata deal
- 12 years ago
Commodities trader Glencore is scrambling to save its twenty one billion euro bid for mining company Xstrata.
Xstrata's second largest shareholder, the state investment group Qatar Holdings, is threatened to oppose the offer.
Qatar's 11th hour objection gives Glencore just days to sweeten the terms of the deal or delay it.
Intense negotiations are now underway with the Qataris.
...
http://www.euronews.net/
Xstrata's second largest shareholder, the state investment group Qatar Holdings, is threatened to oppose the offer.
Qatar's 11th hour objection gives Glencore just days to sweeten the terms of the deal or delay it.
Intense negotiations are now underway with the Qataris.
...
http://www.euronews.net/