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Glencore draws big investors for year’s biggest IPO

Posted on 05 May 2011

Commodities giant Glencore said on Wednesday that it has already attracted big investment, as it took the long awaited step of setting a price for the world’s biggest initial public offering so far this year.

Glencore, which valued itself at about $61 billion dollars, is aiming for a flotation on the London Stock Exchange and in Hong Kong later in May, for the first time in its 37 year history……………………………………….Full Article: Source


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