Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

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
11/30DJTrafigura to Close Metals Fund
11/30DJLONDON MARKETS : FTSE 100 Erases Monthly Gain As Banks Slide Ahead Of Stress-tes..
11/30DJLONDON MARKETS : FTSE 100 Wavers, Facing Small Monthly Gain
11/30 AURELIA METALS : Agrees Settlement and Funding Terms with Glencore
11/30DJEUROPE MARKETS : European Stocks Climb Ahead Of Key Policy, Data Week
11/30DJU.S. Stocks Slide as Retail Shares Fall
11/30DJLONDON MARKETS : FTSE 100 Lower As Iron-ore Slump Puts Pressure On Miners
11/28 AURELIA METALS : given two more years to breathe
11/27DJZambia Unveils Austerity Measures
11/26DJLONDON MARKETS : FTSE 100 Rises For Second Straight Day, Led By Miners
News chart
Full-screen chart
Income Statement Evolution
More Financials