Research (J&T BANKA)
World markets  |  April 02, 2013 09:08:32

Glencore again postpones the deadline for completion of the merger with Xstratou


Glencore announced today that once again postponed the deadline for completion of the merger with Xstratou, this time to 2.5 from the original 4.16 The reason for the longer than expected negotiations with the Chinese Ministry of Commerce. China is the last country that the merger has not granted permission in terms of antitrust rules. The merger will be completed by us, but may increase nervousness about whether Glencore would not have to meet certain conditions, to sell significant assets.

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Glencore opět odsouvá termín dokončení fúze s Xstratou

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