MERGER: GlencoreXstrata new name in minerals

SWITZERLAND – The US$30-billion, all-share takeover of Xstrata plc by Glencore International is compete, and the company businesses will go forward under the GlencoreXstrata plc banner. The merger was a year in the making as so many...

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SWITZERLAND – The US$30-billion, all-share takeover of Xstrata plc by Glencore International is compete, and the company businesses will go forward under the GlencoreXstrata plc banner. The merger was a year in the making as so many regulatory bodies and governments had to approve the terms.

Total market capitalization of the merged company was earlier estimated to be $90 billion.

The new website is available at GlencoreXstrataPlc.com.  

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