Sad Oompa Loompa actor: I’ve been offered no mental health support since Willy Wonka fiasco in Glasgow
Glencore and Xstrata under fresh pressure to alter deal June 26, 2012 GLENCORE and Xstrata look likely to overhaul their $65bn mega-merger after another prominent shareholder demanded they alter the terms of the deal last night. Executives at the commodities firms were already seeking to rejig pay packages linked to the tie-up when the Qatar Investment Authority broke cover to seek a better deal for its 11 [...]
Mobile giant in plan to float on London market February 3, 2013 THE OWNER of the Orange and T-Mobile phone networks is planning an end-of-year initial public offering that could be London’s biggest stock market listing in over two years. EE, formerly known as Everything Everywhere, is being prepared for a listing that would raise billions for its owners, France Telecom (FT) and Deutsche Telekom (DT). Everything [...]
Glencore boost as Glasenberg buys shares June 7, 2012 GLENCORE chief Ivan Glasenberg has splurged £10m on 2.9m shares in his FTSE 100 company as part of his promise to spend all of his $110m in dividends on stock. His move is intended to shore up shareholder support ahead of the commodities trader’s proposed merger with Xstrata, which has sparked anger among some investors who say [...]
Australia approves Glencore takeover of Viterra June 7, 2012 Australia’s competition regulator approved a friendly takeover bid by Swiss commodities trader Glencore International of Viterra, clearing another hurdle for the biggest deal in years in the global agricultural sector. Glencore offered Viterra C$16.25 per share, or C$6.lbn, in March for the company, which owns the biggest share of Western Canada’s grain storage and farm [...]
Commodity trading giant Trafigura mulls London float of Puma December 16, 2012 COMMODITY trading giant Trafigura is mulling plans to join its Swiss-based rival Glencore and float part of its business on the London Stock Exchange. Trafigura, a top three oil trader and the second biggest metals trader behind Glencore, yesterday said it was still weighing up an initial public offering of its oil subsidiary Puma Energy [...]
Tui Travel and German parent in merger talks January 16, 2013 TUI TRAVEL is in talks to merge with its German parent Tui AG, it announced yesterday, sending its shares up four per cent. However, analysts have raised concerns that the nil-premium merger will not be enough to entice Tui’s UK shareholders. FTSE 100-listed Tui Travel, the group behind holiday companies Thomson and First Choice, said [...]
Glenstrata merger boosts mining stocks as FTSE pares early losses November 20, 2012 UK shares reversed early losses yesterday, helped by the completion of the long-awaited takeover of miner Xstrata by commodities trader Glencore which boosted both stocks. Xstrata led the risers, adding 3.1 per cent, after its shareholders approved the $31bn deal which had been on the cards ever since Glencore listed last year. Mining stocks, which [...]
Glenstrata merger boosts mining stocks as FTSE pares early losses November 20, 2012 UK shares reversed early losses yesterday, helped by the completion of the long-awaited takeover of miner Xstrata by commodities trader Glencore which boosted both stocks. Xstrata led the risers, adding 3.1 per cent, after its shareholders approved the $31bn deal which had been on the cards ever since Glencore listed last year. Mining stocks, which [...]
Shareholders set to approve Glenstrata deal November 19, 2012 XSTRATA shareholders are expected to vote through the £56bn mega-merger with Glencore this afternoon, following months of negotiations between the two commodity giants. Today’s shareholder meetings, the first of which is scheduled for 1pm in Switzerland, come nine months after commodities trader Glencore first approached miner Xstrata. The two meetings will include four resolutions, thanks [...]
Qatar backs Glenstrata merger November 15, 2012 Qatar Holding confirmed this morning it would back Xstrata’s mega-merger with Glencore at the shareholder vote next Tuesday. Xstrata’s second-largest shareholder after Glencore said it would vote in favour of two key resolutions, which will pave the way for the £56bn deal to go ahead. The vote, which comes 10 months after commodities giant Glencore [...]