News Headline Summary

Glencore (GLEN LN) believes it will obtain clearance from the Ministry of Commerce by end of January for its merger with Xstrata (XTA LN) said a source

Update details:

- A recent news report suggested Glencore had re-filed the Xstrata merger and the Ministry of Commerce had restarted the review process.

Reaction details:

- Both co. shares are unchanged in reaction to the news. Xstrata currently trades at GBP 10.39 while Glencore is trading at GBP 3.47

Print 12:55, 13 Dec 2012 - UK Equities - Source: Newswires