24.12.2009 - GIC invests in commodities giant Glencore
From Themalaysianinsider.com: Glencore, the secretive Swiss commodities trader, took a step towards a public listing valuing it at more than US$35 billion (RM120.26 billion), as investors bought bonds that could give them a near 6 per cent stake. The US$2.2 billion deal raises the prospect of the sometimes controversial firm adapting its prized employee-owned model, accepting greater public scrutiny in return for access to the deeper pool of capital offered by a stock market listing.........................................Full Article: Source
Print