Glencore's Glasenberg Makes $33B Bet on Coal

Glencore's Glasenberg Makes $33B Bet on Coal Play

Oct. 4 (Bloomberg) --In a "Bloomberg Billionaires" report, Bloomberg's Deirdre Bolton reports that Glencore CEO Ivan Glasenberg is betting big on a rebound in coal prices form a 31-month low with his $33 billion bid for Xstrata. She speaks on Bloomberg Television's "In The Loop."

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