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Commodity Trader World
News
- Investors press Glencore to pay more for Xstrata
A leading investor has added its voice to the chorus calling for management behind the planned £54bn merger of miner Xstrata and commodity trader Glencore to revise the terms of the deal.
commodity trader 11 Feb 2012 - Letters: Glencore and global food stocks
The dilemma exposed in your article on the World Food Programme buying food for aid distribution from commodity trader Glencore , rather than from smallholder farmers ( How £50m in UN food aid for starving was used to buy wheat from Glencore , 6 February), fails to address the heart of the problem, which is the huge underinvestment in small producers in recent years. Buying food directly from ...
commodity trader 11 Feb 2012 - Optimum Coal H1 profit down 45 pct, sees better H2
JOHANNESBURG (Reuters) - Optimum Coal, the takeover target of top commodity trader Glencore, on Thursday forecast a better second half after strikes at one of its mines hit output and led to a 45 percent drop in first-half profit. Optimum said headline earnings per share for the six months to the end of December were 76.04 cents, compared to 139.22 cents previously. Headline EPS are the main ...
commodity trader 11 Feb 2012 - Singapore commodity trader Olam to partner Russian dairy company
SINGAPORE (REUTERS) - Singapore's commodity trader Olam International is partnering Russian Dairy Company LCC (Rusmolco) in the dairy and grains business in a move to invest US$400 million (S$504 million) over four to five years in Russia, the company said on Monday. Related Stories 19-year-old girls nabbed for tricking minors into prostitution LTA reviewing rules for taxis, will not look into ...
commodity trader 11 Feb 2012 - Glencore nearing merger deal with Xstrata
Glencore is nearing an agreement to combine with Xstrata, adding mines from Africa to Asia to the world's largest listed commodity trader.
commodity trader 11 Feb 2012 - Glencore and Xstrata plan giant commodity merger
Zug, Switzerland (dpa) - Glencore, the world?s largest commodity trader, has started talks with mining company Xstrata about a merger, both companies announced Thursday.The combined value of the two Swiss-based companies - which are both listed in London - would be some 52 billion British pounds (82 billion dollars).Glencore has a market value of nearly 30 billion pounds and already owns a more ...
commodity trader 11 Feb 2012 - Glencore Said to Be Near Agreement to Combine With Xstrata
Glencore International Plc is nearing an agreement to combine with Xstrata Plc, adding mines from Africa to Asia to the world?s largest listed commodity trader, said two people with knowledge of the plan.
commodity trader 11 Feb 2012 - Glencore-Xstrata Bankers May Reap Up to $140 Million for Advice on Merger
Six investment banks are set to reap total fees of as much as $140 million for advising on commodity trader Glencore International Plc (GLEN) ?s proposed merger with Xstrata Plc (XTA) , in what would be the mining industry?s largest deal.
commodity trader 11 Feb 2012 - Glencore-Xstrata Bankers May Reap Up to $140 Million for Advice
Six investment banks are set to reap total fees of as much as $140 million for advising on commodity trader Glencore International Plc?s proposed merger with Xstrata Plc, in what would be the mining industry?s largest deal.
commodity trader 11 Feb 2012 - Commodity Trader Finds Opportunity in Real Estate
Professional traders, unabashed risk-takers, are always looking for the next hot opportunity not only to trade, but to own. Many are entrepreneurs in other businesses outside of investing and financial services ? they're in varied fields from sports betting to mobile apps to commercial real estate.
commodity trader 11 Feb 2012
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