Xstrata (XSRAY.PK, XSRAF.PK) shareholders vote to approve the Glencore (GLCNF.PK) takeover but...

|About: Xstrata Plc Adr (XSRAY)|By:, SA News Editor
Xstrata (XSRAY.PK, XSRAF.PK) shareholders vote to approve the Glencore (GLCNF.PK) takeover but fail to pass the first resolution that would have included the controversial golden handcuffs plan to retain key Xstrata managers. The retention plan will be voted on separately. Glencore shareholders voted earlier today to approve the merger.