Sat, May 28, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Glencore to meet with Qatari wealth fund as Xstrata merger hangs in balance

Posted on 28 June 2012

Ivan GlasenbergGlencore executives are to meet with representatives of the Qatar sovereign wealth fund in London today as the $65bn (£42bn) mega-merger between the commodities giant and miner Xstrata hangs in the balance.
In a shock announcement last night, Qatar Holdings, Xstrata’s second-biggest shareholder with 10.4pc, said that, while it saw “merit in a combination of the two companies, it is seeking improved merger terms”………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
May 2022
M T W T F S S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031