Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Qatar backs Xstrata-Glencore merger

Commodities traders jia can can and mining group Xstrata merger plan a step forward, Xstrata company's second largest shareholder says it will support the deal.
Qatar holding said in a statement that it will in next week vote in favor of the merger.
Shareholders vote after jia can increase its will pay each xstrata share how many.
For the first time in the merger plan announced in February.
Analysts said that the two anglian - Swiss company between trade, may now Xstrata by shareholders' support.
Although Qatar holding, in the sovereign wealth fund of the gulf state of Qatar, has said it will vote in favor of the merger, it said, adding that it will give up a controversial link whether vote xstrata company's board members should accept more than pounds of paid leave the future new company after incorporating.
Several other xstrata company's shareholders, including standard life, criticize plan to pay.
Merger still need to competition, be approved by the European commission.
In order to help ensure that this point, and there are unconfirmed reports, Glencore has offered to sell part of the Xstrata German business.




Other News:
Qatar backs Xstrata-Glencore merger
Two killed in suicide bomb attack in Afghan capital
Black Friday Starts on Thursday
Why the Moody's Downgrade of France Doesn't Matter
Russia and Europe joint bidding agreement Mars approved
Trouble not over for Jesse Jackson Jr.
HP says fraud prompted $5B overpayment for co.
Israeli offensive in Gaza was years in the making