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

Reaction details (12:58)

- 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

Analysis details (12:57)

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

13 Dec 2012 - 12:53 - Equities - Source: Newswires

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