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

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

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
07/29 GLENCORE : Stock Theft Unit Recovers 83 Stolen Stock
07/29 Ironbark Zinc Limited - Quarterly Activities Report to 30 June 2015
07/24DJMiners Shed Thousands of Jobs as Commodities Prices Slide -- Update
07/24 U.K. stocks lower at close of trade; FTSE 100 down 1.13%
07/24DJLONDON MARKETS : FTSE 100 Dragged To Weekly Loss As Miners Slide
07/24DJEUROPE MARKETS : European Stocks Driven Lower, Locking In Weekly Losses
07/24DJMiners Slash Jobs on Falling Commodity Prices
07/24DJMiners Shed Thousands of Jobs as Commodities Prices Slide
07/24DJLONDON MARKETS : FTSE 100: Vodafone Leaps, Diageo Hit By U.S. Investigation
07/24DJAnglo American to Slash Jobs as Commodity Price Falls Hit Results -- 3rd Upda..
Duration : Period :
Glencore PLC Technical Analysis Chart | GLEN | JE00B4T3BW64 | 4-Traders
Income Statement Evolution
More Financials