Feb. 4 (Bloomberg) -- An Xstrata Plc shareholder may block a merger with Glencore International Plc if the Swiss commodities trader doesn’t offer a “substantial” premium to take control, The Times reported.
Xstrata’s growth prospects in the next 10 years are higher than Glencore’s, the newspaper said, citing Richard Buxton, head of U.K. equities at Schroders Plc.
--Editors: Linda Shen, Kristen Hallam
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