08.12.2010 - Commodities group Glencore’s floating ambitions
From FT Alphaville: The Telegraph has become the latest observer to kick along speculation that Glencore is gearing up for a mega-float in the City, reporting on Tuesday that the secretive Swiss-based commodities trader is understood to be preparing for a £31bn City listing as early as next April. Either that or, some pundits believe, the group is positioning itself to propose a merger with Xstrata, in which it holds a one-third stake..............................................Full Article: Source
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