Glencore, Xstrata Agree To $90 Billion Merger

LONDON — Anglo-Swiss mining group Xstrata PLC announced plans Tuesday to merge with commodities trading giant Glencore International PLC in a deal that will create the world’s fourth largest natural resources group. The combined company, to be called Glencore Xstrata with a combined market value of $90 billion, will control a chain of businesses from mining to refining, storage [...]

Topics:  london    anglo-swiss   xstrata plc   plc   billion   glencore xstrata   group   combined   mining   

 

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