Glencore Xstrata: a merger of unequals
Ever since Glencore floated last year, its 34 per cent stake in Xstrata has loomed large, and this week it revealed details of plans to merge the two businesses into a commodities powerhouse. But what the respective management teams were hoping would be a wave of acceptances may not turn out to be the formality they expected.
By Graeme Davies,
08 February 2012