Glencore files EU anti-trust notice for Xstrata deal
LONDON (Reuters) – Glencore has formally notified the European Commission of its $33 billion plan to take over Xstrata , sources familiar with the matter told Reuters on Tuesday, setting the European regulatory clock ticking on the deal. Once the notification has been acknowledged by the Commission, the regulator has 25 days to decide whether to approve, reject or begin an in-depth probe into a plan to create the world’s fourth largest miner. . . .
View full post on Business News Headlines – Yahoo! News
Leave a Reply