Tue, Mar 3, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | M&A more

Commodities: A merger fit for world domination‎

Posted on 06 February 2012

The talks between Glencore and Xstrata over an $88bn (£57bn) merger, the biggest mining deal ever seen, are promising to shake up the world of commodities. If successful, the joining of trading giant Glencore and the world’s fourth biggest miner would create a global leader in zinc and thermal coal and a top five producer in copper and nickel.

The tie-up would also allow Glencore’s “marketing” or trading arm to access a much expanded production base, boosting profits, and create a company with huge capacity for acquisitions – a super-predator on the mining scene……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 39476 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031