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Reuters reported that Glencore (LON:GLEN) is buying shares of Optimum Coal (JNB:OPT) as it expresses interest in acquiring the company.
Reuters reported that Glencore (LON:GLEN) is buying shares of Optimum Coal (JNB:OPT) as it expresses interest in acquiring the company.
The market news is quoted as saying:
To date, Glencore has completed the purchase of 25.8 percent of OCH’s shares but has options to buy more — at least 43 percent and as much as 49 percent, according to some shareholders.
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