Xstrata Recommends $33B Takeover Offer by Glencore

Xstrata Recommends $33B Takeover Offer by Glencore Play

Xstrata Plc’s board recommended shareholders vote in favor of a $33billion sweetened takeover offer by Glencore International Plc after gaining assurances over the combined company’s board and decoupling approval of incentive payments from a vote on the offer.

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