Glencore clinches Chinese approval with copper deal

LONDON (Reuters) – China’s antitrust authorities removed the last obstacle to Glencore’s $30 billion (19.6 billion pounds) takeover of miner Xstrata on Tuesday after the commodities trader agreed to sell a $5.2 billion mining project to ease its grip on copper.

http://www.euronews.com/business-newswires/1895424-glencore-clinches-chinese-approval-with-copper-deal/

 

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