Glencore set to win China approval for Xstrata bid
Updated: 2013-01-24 14:07
(China Daily)
|
||||||||
Glencore International Plc is expected to win approval from the Ministry of Commerce for its $36 billion takeover of coal producer Xstrata Plc, meeting the final regulatory requirement for a deal that creates the world's fourth-largest mining company.
Glencore, the commodities trader based in Baar, Switzerland, and Xstrata last week extended the deadline to mid-March, to allow for completion of regulatory reviews in South Africa and China.
Li Na on Time cover, makes influential 100 list
FBI releases photos of 2 Boston bombings suspects
World's wackiest hairstyles
Sandstorms strike Northwest China
Never-seen photos of Madonna on display
H7N9 outbreak linked to waterfowl migration
Dozens feared dead in Texas plant blast
Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
|
|
|
|
|
|
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
|
|















