| Glencore is already the world’s largest commodities trader. Now it’s planning to get even bigger. It’s aiming to merge with leading mining group Xstrata.
Glencore already owns 34% of Xstrata. Combined, they’d form the fifth–biggest listed mining group on the planet. They’d also have one of the largest market caps on the UK market. But the last time Glencore hit the news headlines – at the time of its IPO (initial public offering) – it neatly marked the top of the market..............................................Full Article: Source
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