Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Glencore PLC    GLEN   JE00B4T3BW64

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Qatar Said to Back Glencore Bid, Xstrata Bonuses

11/14/2012 | 08:16pm US/Eastern

Qatar's sovereign wealth fund is poised to back Glencore International PLC's (>> Glencore International Plc) $31.3 billion offer for Xstrata PLC (>> Xstrata PLC) as well as bonuses for some 70 managers, Bloomberg News reported Wednesday, citing three people with knowledge of the plan.

Qatar Holding LLC is Xstrata's second-largest shareholder. A spokesman for Qatar Investment Authority was not available for comment, Bloomberg reported.

Full story at: www.bloomberg.com/news/2012-11-14/qatar-said-to-support-glencore-bid-xstrata-bonuses-in-deal-vote.html

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Glencore International Plc, Xstrata PLC
React to this article
Latest news on GLENCORE PLC
11:00a Noble Group's LNG traders leaving to join Glencore – sources
08:10aDJAnglo American Chief's Woes Set to Deepen
02/13DJMiners, Once Dividend Darlings, Strike Vein Of Austerity
02/12DJLONDON MARKETS : FTSE 100 Logs Best 1-day Gain Since August As Commodities Rebou..
02/12 FTSE records best day in five months as commodities shares surge
02/12 FRANCO NEVADA : to Acquire a Precious Metals Stream from Glencore for US$500 mil..
02/12 FRANCO NEVADA : Announces US$ 550 Million Bought Deal Financing
02/12DJCommodities Slump Batters Rio Tinto
02/12 FRANCO NEVADA : Barbados) to Acquire Precious Metals Stream from Glencore
02/12 GLENCORE : shares fall as its copper output declines
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials