EU regulators are taking a closer look at the proposed tie-up between Glencore (GLCNF.PK) and...

|About: Glencore Plc (GLCNF)|By:, SA News Editor

EU regulators are taking a closer look at the proposed tie-up between Glencore (GLCNF.PK) and Xstrata (XSRAY.PK) after receiving complaints that the deal might give the merged firm unfair power over zinc, nickel and coal. That, combined with Xstrata shareholders who want a higher bid and a Glencore board content to sit pretty, means it may take until 2013 for the mega-merger to move forward.