Glencore (GLCNF.PK) will formally notify the European Commission of its merger proposal with...


Glencore (GLCNF.PK) will formally notify the European Commission of its merger proposal with Xstrata (XSRAY.PK) and says it doesn't expect the commission to raise any competition concerns. The deal would create the world's fourth-largest diversified miner, with a market cap of ~$90B.

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