17.10.2012 - Qatari prime minister points to support for Glencore-Xstrata deal
The prime minister of Qatar has given the clearest signal yet that his country’s sovereign wealth fund will back the $80bn (£50bn) tie-up between commodity giant Glencore and the mining group Xstrata. Sheikh Hamad bin Jassim Al Thani said the Gulf state now saw Glencore’s improved bid for Xstrata in a positive light. Speaking to reporters in Qatar’s capital, Doha, he said: “We are looking in favour of a merger between the two companies.”..............................................Full Article: Source
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