Globe and Mail reported a merger between Xstrata PLC (LSE:XTA) and Glencore International PLC (LSE:GLEN) will likely fail when it goes to a vote on Friday.
Globe and Mail reported a merger between Xstrata PLC (LSE:XTA) and Glencore International PLC (LSE:GLEN) will likely fail when it goes to a vote on Friday.
As quoted in the market news:
Commodities trading giant Glencore is offering a little over $30-billion (U.S.) in shares to take over Xstrata, the mining company that went public nearly a decade ago and which quickly grew into one of the world’s largest metals producers. Glencore is offering 2.8 shares in the new company for each share of Xstrata.
Click here to read the full Globe and Mail report.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1772.55 | +8.93 | |
Silver | 20.08 | +0.09 | |
Copper | 3.46 | -0.01 | |
Palladium | 2040.50 | +45.50 | |
Platinum | 903.00 | +6.00 | |
Oil | 90.71 | +0.05 | |
Heating Oil | 3.40 | -0.02 | |
Natural Gas | 8.27 | 0.00 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.