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Glencore CEO to Abandon Xstrata Bid If Qatar Stymies Bid - Bloomberg

Date: 
Tue, 21/08/2012 - 4:57pm

Bloomberg
Glencore CEO to Abandon Xstrata Bid If Qatar Stymies Bid
Bloomberg
Glencore International Plc (GLEN) said it's ready to walk away from a $31 billion deal to buy Xstrata Plc, the year's largest takeover, rather than give in to demands from Qatar's sovereign wealth fund and overpay for the mine operator. “If they vote ...
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