Bloomberg News

Xstrata Holders Don’t Oppose Glencore Deal, Glasenberg Tells F&W

March 06, 2012

Xstrata Plc (XTA)’s shareholders Standard Life Plc (SL/) and Schroders Plc (SDR) don’t oppose a merger with Glencore International Plc, Glencore Chief Executive Officer Ivan Glasenberg told Finanz & Wirtscaft.

“As far as I understand, they are not against the merger, they just want a higher price,” the Swiss newspaper quoted Glasenberg as saying in a pre-release of an interview to be published tomorrow.

To contact the editor responsible for this story: Leigh Baldwin at lbaldwin3@bloomberg.net


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