28.06.2012 - Glencore to meet with Qatari wealth fund as Xstrata merger hangs in balance
Glencore executives are to meet with representatives of the Qatar sovereign wealth fund in London today as the $65bn (£42bn) mega-merger between the commodities giant and miner Xstrata hangs in the balance. In a shock announcement last night, Qatar Holdings, Xstrata’s second-biggest shareholder with 10.4pc, said that, while it saw “merit in a combination of the two companies, it is seeking improved merger terms”...............................................Full Article: Source
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