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Glencore ponders changes to Xstrata deal as major shareholder demands better terms

Cecilia Jamasmie | June 27, 2012 | 1:57 pm Base Metals Energy Precious Metals Europe Coal Copper Gold Iron Ore 

Commodities trader Glencore International (LON:GLEN) said Wednesday that it is studying modifications to its $26 billion bid for miner Xstrata (LON:XTA), after Qatar's sovereign wealth fund, a key shareholder, unexpectedly opposed the deal's terms, including the controversial executive retention package....

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