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Zug, 22 January 2013 Xstrata notes today’s decision by the South African Competition Tribunal confirming that under the South African Competition Act it has cleared the recommended all-share merger of equals between Glencore and Xstrata. Completion of the Merger remains conditional upon the receipt of the outstanding regulatory approval in China and completion of the …
Zug, 18 January 2013 On 10 December 2012, Glencore and Xstrata announced the extension of the long stop date for the Merger from 31 December 2012 to 31 January 2013, due to the ongoing regulatory processes in South Africa and China. As those processes remain ongoing Glencore and Xstrata have agreed, with the consent of …
Zug, 20 November 2012 At shareholder meetings held today in Zug, Switzerland, Xstrata’s shareholders other than the Glencore Group approved the proposed all-share merger of Xstrata plc and Glencore International plc, subject to the resolution to approve the Revised Management Incentive Arrangements to be put to the Further Xstrata General Meeting not being passed. This …