Glencore makes firm offer

GLENCORE International has released details of its takeover bid for Xstrata, but a formal recommendation might not be known for up to two weeks while Xstrata directors consider the bid.

Glencore makes firm offer Glencore makes firm offer Glencore makes firm offer Glencore makes firm offer Glencore makes firm offer

In a brief statement released yesterday, Glencore confirmed the increased scrip ratio of 3.05 shares for every one Xstrata share held.

loader