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Commodities trader plans GBP21.9bln float

Posted on 24 December 2009

From Dailymail.co.uk: Secretive Switzerland-based commodities trader Glencore started laying the groundwork for a possible £21.9billion-plus flotation with the £1.4billion sale of bonds that could be converted into shares.

A stock market listing would net hefty windfalls for management and employees who own the company…………………………………..Full Article: Source

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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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