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Qatar plonks $4 billion on Xstrata and hands Glasenberg another victory

Frik Els | May 10, 2012 | 7:28 pm Base Metals Energy Precious Metals Europe Coal Copper Gold Iron Ore Nickel Potash Silver Zinc 

The Financial Times reports that the oil and natural gas rich nation of Qatar has plans to up its stake in Xstrata, currently negotiating a $90 billion merger with Glencore International, to over 10%, which would make the country’s sovereign...

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