Glencore International to acquire majority stake in Xstrata - MarketLine Financial Deals

Glencore International to acquire majority stake in Xstrata

Glencore International to acquire majority stake in Xstrata - MarketLine Financial Deals
Glencore International to acquire majority stake in Xstrata
Published Feb 07, 2012
4 pages — Published Feb 07, 2012
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Abstract:

Xstrata plc, a diversified mining company, has reached an agreement to merge with Glencore International plc, a commodities trader, in an all-share merger of equals with a combined equity market value of $90,000 million. Both the companies are based in Switzerland.

The merger will be effected by means of a court sanctioned scheme of arrangement of Xstrata under Part 26 of the UK Companies Act, pursuant to which Glencore will acquire the entire issued and to be issued ordinary share capital of Xstrata not already owned by Glencore.

  
Source:
Document ID
MA98891_120223
Country
Ticker
GLEN=CH
Ticker
XTA=CH
Format:
PDF Adobe Acrobat
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Glencore International to acquire majority stake in Xstrata" Feb 07, 2012. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Glencore-International-to-acquire-majority-stake-in-Xstrata-2052-77779>
  
APA:
MarketLine Financial Deals. (2012). Glencore International to acquire majority stake in Xstrata Feb 07, 2012. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Glencore-International-to-acquire-majority-stake-in-Xstrata-2052-77779>
  
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