Glencore says Xstrata offer is final

GenevaLunch.com GENEVA, SWITZERLAND – Baar-based commodities giant Glencore said Monday 10 September that its 36 billion bid for remaining shares in Xstrata would be final, after talks on the merger reached a stalemate last week. Glencore’s revised offer, which includes the departure of Xstrata CEO Mick Davies six months after the finalization of the takeover, would […]