08.02.2012 - Mining and commodities firms will merge in $90bln deal
After years of courting, mining company Xstrata and commodities dealer Glencore International have agreed to marry in a $90 billion deal that would create the world's fourth-largest natural resources group. The announcement of the terms of the deal comes just a few days after the first public acknowledgment that the two companies were in discussions about a long-rumored deal merger talks, codenamed 'Everest,' have gone on for years...............................................Full Article: Source
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