Research (J&T BANKA)
World markets  |  March 01, 2013 09:20:49

Connection Glencore / Xstrata is deferred, pending Chinese regulatory


Commodities trader Glencore announced today that it will not be possible to complete the merger with Xstratou to 3.15, as was previously planned. The reason for the delay in approval of the Chinese regulator. We expect that the merger will be completed, delays with the Chinese regulator, may indicate that consent to the merger conditional on the sale of certain assets, which could be negative for the company

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Spojení Glencore/Xstrata se odkládá, čeká se na čínského regulátora

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