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Qatar wants sweetened Glencore-Xstrata deal

2012-06-27 802 Dailymotion

Commodities trader Glencore is scrambling to save its twenty one billion euro bid for mining company Xstrata.<br /><br />Xstrata's second largest shareholder, the state investment group Qatar Holdings, is threatened to oppose the offer.<br /><br />Qatar's 11th hour objection gives Glencore just days to sweeten the terms of the deal or delay it. <br /><br />Intense negotiations are now underway with the Qataris.<br /><br />...<br />http://www.euronews.net/

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