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Xstrata and Glencore to close $90bn merger

Cecilia Jamasmie | February 07, 2012 | 1:44 pm Base Metals Europe Copper Nickel 

After months of speculations and secret negotiations, mining group Xstrata PLC (LON:XTA) and commodities trader Glencore International PLC (LON:GLEN) have formally announced an all-share merger that would create a $90bn giant. In a statement released this morning, the parties confirmed...

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