Xstrata Investors Confident In Merger Deal
Bloomberg reported Xstrata Plc (LSE:XTA) says investors are quite confident Glencore International Plc (LSE:GLEN)’s $31 billion bid will get their approval.
Bloomberg reported Xstrata Plc (LSE:XTA) says investors are quite confident Glencore International Plc (LSE:GLEN)’s $31 billion bid will get their approval.
CNBC reported Xstrata PLC (LSE:XTA) board recommends a merger with Glencore (LSE:GLEN), which could create an industry behemoth.
Bloomberg reported Xstrata Plc (LSE:XTA) rose to a four-month high as Glencore International Plc (LSE:GLEN) made another offer for the Swiss mining company.
Globe and Mail reported a merger between Xstrata PLC (LSE:XTA) and Glencore International PLC (LSE:GLEN) will likely fail when it goes to a vote on Friday.
Platts reported Xstrata (LSE:XTA) said it expects global nickel consumption from the stainless steel sector to improve in the next six months.
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel has been on a downward trend for the past few months, but this week the metal used in stainless steel jumped on speculation that slowing global economies will further cut demand. Many nickel miners are taking on new business strategies to cope with the price [...]
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