Glencore Xstrata deal still in limbo

  • 12 years ago
Commodities trader Glencore seems to be digging in its heels on the price it is prepared to pay for miner Xstrata.

Glencore's chief executive Ivan Glasenberg said it is a deal that they would walk away from. He implies he will not give in to Qatar's sovereign wealth fund, a key Xstrata shareholder, which has demanded an improved offer.

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http://www.euronews.net/

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