Tag «Mutanda and Kansuki»

Glencore Xstrata plc: Merger of Mutanda and Kansuki mining operations

25 July, 2013 Glencore  Xstrata  plc  (“Glencore”) is pleased to announce that it has now completed  the  merger  of Mutanda Mining Sarl (“Mutanda”) and Kansuki Sarl (“Kansuki”)  (the  “Merger”),  as  previously communicated.  The Merger has been  implemented by way of the absorption of Kansuki into Mutanda with the consideration for such absorption being the issue of new Mutanda shares. Following  completion of the Merger, Glencore has a 54.5 …