Sun, Aug 31, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Glencore seeks to buy back $2.5bln Prodeco mine

Posted on 22 February 2010

From Timesonline.co.uk: Glencore, the Swiss commodities trader, is sounding out potential partners as it prepares to buy back the $2.5 billion Prodeco coalmine owned by Xstrata. The Swiss trading group is understood to be discussing a possible deal with Vale, the Brazilian miner, and GIC, the Singaporean sovereign wealth fund.

It is also believed to have held talks with First Reserve, a US-based investment fund, and Alpha Natural Resources, an American coal producer…………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14644 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031