The Board of Xstrata plc (“Xstrata”) has received a proposal from Glencore International plc (“Glencore”) to amend the terms of the merger of Glencore and Xstrata.
This is not a firm offer. Any elements of the proposal remain subject to change and the proposal also remains subject to Xstrata plc Board approval.
Friday, 7 September 2012
FT Alphaville » Xstrata: proposal received from Glencore at 3.05 ratio per share
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