Glencore (GLNCF.PK) again extends the deadline for closing its mega-merger with Xstrata (XSRAF.PK), saying it needs more time to conclude talks with Chinese antitrust authorities and secure its final regulatory approval. Analysts still expect the deal to close, since Chinese regulators likely would not view the combined company as dominating the copper market. The new deadline is May 2.
Glencore (GLNCF.PK) again extends the deadline for closing its mega-merger with Xstrata...
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