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The EU confirms that it will decide whether to approve Glencore's merger with Xstrata by Nov 8....

The EU confirms that it will decide whether to approve Glencore's merger with Xstrata by Nov 8. Glencore may offer concessions to avert an in-depth probe, which could take up to 105 working days. The EU could focus on the market power of the new entity, which would be the world's largest thermal coal exporter, the biggest producer of zinc and ferrochrome, and the third-largest copper producer.
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