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The EC extends its review of the proposed merger of Glencore (GLCNF.PK) and Xstrata (XSRAY.PK,...

The EC extends its review of the proposed merger of Glencore (GLCNF.PK) and Xstrata (XSRAY.PK, XSRAF.PK) to Nov. 22 from Nov. 8 after Glencore made concessions to allay European Union competition concerns. Glencore reportedly has offered to sell some zinc assets; the combined company would be the world's largest zinc miner and fifth-largest exporter of hard coal.
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