12.02.2015 - Glencore to Divest Platinum Miner Stake to Shareholders
Glencore Plc, the mining and commodities trading company headed by billionaire Ivan Glasenberg, said it’s planning to distribute its 23.9 percent holding in platinum producer Lonmin Plc to its own shareholders. “As we do not trade platinum and have no special insight into the market, we believe that it is better to leave to our shareholders the decision as to how to manage the Lonmin shares,” Glasenberg said in a statement Wednesday...............................................Full Article: Source
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