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Glencore recommends merger with Xstrata

  ZURICH: Swiss-based commodities trader Glencore said Tuesday it would recommend a merger with mining group Xstrata in
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"The Glencore directors and the independent Xstrata directors have reached agreement on the terms of a recommended all-share merger of equals," a statement issued by Glencore said.

 

Copyright AFP (Agence France-Presse), 2012