New completion date set for Glencore-Xstrata merger
Published by Jonathan Rowland,
Editor
World Coal,
Glencore and Xstrata have announced that their proposed merger is now due to be completed by 16 April.
The acquisition was due to complete by 15 March but has been delayed pending regulatory approval from the Chinese authorities.
The merger has so far received conditional approval from other regulators, including South Africa and the EU.
Written by Jonathan Rowland.
Read the article online at: https://www.worldcoal.com/coal/05032013/new_completion_date_set_for_glencore_xstrata_merger/
You might also like
Peabody and Anglo American release updates on steelmaking coal acquisition
Peabody has notified Anglo American of a Material Adverse Change impacting its planned acquisition of steelmaking coal assets from the company, but Anglo is contesting this claim.
