28.06.2012 - How the deal of the year, between the commodity giant Glencore and miner Xstrata, has gone wrong
For a deal that everyone was expecting, the Glencore-Xstrata merger has a nasty habit of throwing up surprises. And few of them have been pleasant. The biggest yet was served up on Tuesday evening. Qatar, the emirate that is Xstrataís second largest shareholder, issued a shock demand for an improvement in the £42bn dealís merger terms. The price, Qatar said, was too low...............................................Full Article: Source
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