(amok)... Since the financing would appear friendly at this...

(amok)... Since the financing would appear friendly at this stage, it would appear Glencore are in this for the longhaul, perhaps blocking the chinese some extent. So what about the Chinese? My guess their offer was less than Glencore's and perhaps they wanted cheaper offtake. Be interesting to see if they dump shares, or take a greater stake with a view to takeover..( end )....Now I am thinking Glencore 100% finance and Who will make the takeover? Chinese or the NEW Glencore-Xstrata company ???
11/22/2012| 10:50am US/Eastern
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EU Gives Conditional Approval to Glencore-Xstrata Merger
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