Joao Mendes

In 2012, Glencore, one of the world’s largest commodity traders, proposed to take over the mining company Xstrata. Stocks of both companies surged by more than 10% following the deal's announcement, lauded by analysts as unprecedented: “Glencore provides the marketing and Xstrata the operational base.

Published 27 May 2013

Reference 5916

Topic Strategy

Industry Mining & Metals

Region Global

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