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Glencore (GLCNF.PK) and Xstrata (XSRAF.PK, XSRAY.PK) reportedly are seeking an extension on the...

Glencore (GLCNF.PK) and Xstrata (XSRAF.PK, XSRAY.PK) reportedly are seeking an extension on the deadline for closing their merger to allow more time to secure outstanding regulatory approvals. The companies have secured shareholder approval and regulator OKs from the EU and U.S., among others, but are still waiting for the go-ahead from South Africa and China.
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