Cargill picks top ME banker for Asia roleCargill has hired Mumtaz Kazmi, previously the mergers and acquisitions head for Credit Suisse in the Middle East, to help the agribusiness firm expand in Asia, two banking sources aware of the matter said. Cargill is one of the w More… |
Xstrata wins more time over Glencore offerBritain's takeover regulator has given mining group Xstrata an extra week to decide whether to accept the $36 billion revised offer from Glencore, prompting jitters over what is the latest twist in a seven-month saga. The unex More… |
Glencore ups Xstrata offer in last minute bidTrader Glencore has raised its offer for miner Xstrata in a dramatic 11th-hour attempt to rescue one of the sector's largest ever deals from collapse after months of opposition from rival shareholder Qatar. Glencore chief executive More… |
Glencore's $30bn Xstrata deal near collapseGlencore's proposed $30 billion takeover of Xstrata has come a step closer to collapse, as the commodities trader looked set to let slide an informal deadline for it to raise its offer and yield to rival shareholder Qatar. While it More… |
Glencore's record IPO makes muted debutGlencore made a steady market debut on Thursday, with shares trading just above the widely expected launch price of 530 pence, giving the commodities trader the platform it wants to make acquisitions. Initial grey market, or conditional, t More… |
Glencore's $11 billion IPO to close books earlySwiss commodity trader Glencore International will close the books for its planned $11 billion initial public offering on May 17, a day ahead of schedule, underscoring strong demand for the offer despite the recent downturn in commodity marke More… |
Qatar eyes Glencore stake as IPO talk heats upGlencore, the world's largest commodities trader, is briefing analysts ahead of a possible mega-float which could involve Qatar taking a stake. If it goes ahead, an initial public offering (IPO) of Glencore could value the company at a More… |