Seeking Alpha

Glencore will offer to sell some zinc assets in an attempt to win fast-track EU approval for its...

Glencore will offer to sell some zinc assets in an attempt to win fast-track EU approval for its merger with Xstrata, FT reports. The EC reportedly has relayed serious doubts about the merger, particularly regarding its effect on the European zinc market, and will open a full probe unless antitrust problems are decisively addressed; such a probe could delay regulatory approval until next spring.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)