03.07.2012 - Qatar in the spotlight over Glenstrata activism
Qatar's new-found activist approach to the $58bn merger of Xstrata and Glencore has further distanced Qatar Holding from its regional sovereign wealth fund peers and placed it firmly in the spotlight. Qatar Holding said in a statement last week that it was "seeking improved merger terms." Glencore is offering 2.8 of its shares for each of the miner's, but Qatar said an exchange ratio of 3.25 a share "would provide a more appropriate distribution of benefits of the merger"...............................................Full Article: Source
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