| Ticker: XSRAF | Xstrata plc |
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Rupert Nathan, head of fund management at Fat Prophets, told CNBC, "this is hardly surprising, it is a very good deal for Glencore but for Xstrata probably not so good, if you are looking at the ratio 2.8 to 1 Glencore shares, they are saying it is a 15 percent premium but realistically if you...
Feb. 6 (Bloomberg) -- John Robinson, chairman of Global Mining Investments Ltd., talks about the potential merger between Glencore International Plc and Xstrata Plc. Robinson speaks from Melbourne with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
Ed Vinales, news editor, at dealReporter Europe, told CNBC, "Glencore is marketing, the idea here for this merger is to put those marketing capabilities that everyone knows Glencore has with the asset base of Xstrata."
