08.06.2011 - Sovereign funds boost Glencore
Switzerland-based Glencore International, a commodities trading and mining company, could have timed its initial public offering better. Amid the steepest decline in commodity markets in years, Glencore was looking last month to bring Londonís largest-ever IPO to market. The company was seeking to raise about $11 billion, including a $1 billion overallotment, in its dual-city offering...............................................Full Article: Source
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