Hedge Funds & Alternative Investments
Mergers & Acquisitions
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Wealth and Asset Management
Glencore to meet with Qatari wealth fund as Xstrata merger hangs in balance
In a shock announcement last night, Qatar Holdings, Xstrata’s second-biggest shareholder with 10.4pc, said that, while it saw “merit in a combination of the two companies, it is seeking improved merger terms”. Qatar was widely thought to be ready to back a deal that had already drawn opposition from investors…
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Click here to read the full story: The Telegraph