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Top 10 Xstrata (XSRAF.PK) shareholders Standard Life Investments and Fidelity Worldwide lash out...
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Friday, June 1, 2012, 8:56 AM ETTop 10 Xstrata (XSRAF.PK) shareholders Standard Life Investments and Fidelity Worldwide lash out at the miner's plans to pay a $46M golden handcuff to its CEO, threatening its ~$30B takeover by Glencore (GLCNF.PK). "The proposed renumeration payments [make] supporting Glencore's already inadequate offer for Xstrata even less palatable," SLI says.
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