Fresh delays hit Glencore-Xstrata $76 billion mega merger

By Cecilia Jamasmie

The closing of Glencore’s (LON:GLEN) $76 billion mega merger with diversified miner Xstrata (LON:XTA) has been delayed again due to continuing regulatory issues in China, the Swiss commodities trader’s biggest buyer of materials.

The latest deadline extension – the fifth since the deal was first announced in 2011– highlights the complexity …read more