Posts tagged 'Xstrata Glencore'

Has Ivan started drinking what Mick was drinking?

Paul Murphy is the founding editor of FT Alphaville.

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| Feb 27 17:25 | Comment |

We are talking here about Glenstrata, of course, going ex-Mick Davis and cum-Ivan Glasenberg as soon as the last bits of competition authority clearance arrive…

Ivan has already sent industry tongues a-wag with some off-the-grid comments at a BMO Capital Markets conference in Florida, as reported by Reuters:

What we’ve got to do, when the markets do get stronger, no need to keep building a new asset and let’s keep the market tight for a while…

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Xstrata: proposal received from Glencore at 3.05 ratio per share

David joined the FT in 2011 as a Marjorie Deane fellow. He covered emerging markets, equities and currencies before making the jump over to FT Alphaville in May 2012.

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| Sep 07 2012 10:21 | Comment |

From the RNS:

The Board of Xstrata plc (“Xstrata”) has received a proposal from Glencore International plc (“Glencore”) to amend the terms of the merger of Glencore and Xstrata. Read more

Glenstrata, the tombstone

| Jun 27 2012 13:46 | Comment |

Just in case the real trophies never get cast, here are the advisers to the $90 $80 $70 $60 $55(?)bn putative merger between Glencore and Xstrata. Click to enlarge.

First there was the foul-up over competition issues. Unbelievably, Glenstrata had not factored in the likelihood of a referral to the European authorities. Read more