The EC could reportedly investigate Glencore's proposed $35B acquistion of the shares in Xstrata...

|About: Xstrata Plc Adr (XSRAY)|By:, SA News Editor

The EC could reportedly investigate Glencore's proposed $35B acquistion of the shares in Xstrata (XSRAY.PK) it doesn't own. That's despite a 2006 ruling that treated the firms as one for antitrust purposes, due to Glencore’s 34.4% stake in Xstrata. The latter is also facing growing shareholder anger over what's seen as a "cosy stitch-up."