Monday, 9 July 2012

Glencore-Xstrata merger vote 'delayed to September' - Yahoo! News Maktoob

A shareholder vote to seal the proposed multi-billion dollar merger of Swiss commodity giants Glencore and Xstrata has been pushed back to September, press reports said on Monday.
Shareholder meetings have been postponed from mid-July amid negotiations between Glencore and Qatar Holding, one of Xstrata's largest shareholders, the Financial Times said.
A Glencore spokesman declined to comment when contacted by AFP.

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