Glencore delays closing of Xstrata merger, faces claims of aiding Iran nuclear program

By Cecilia Jamasmie

Glencore  (LON:GLEN) and Xstrata (LON:XTA) announced Friday they have, once again, extended the deadline for closing their long-awaited $80 billion merger, scrapping March 15 as a target due to continuing discussion with Chinese authorities.

The world’s largest commodities trader said more details about the pending deal will be revealed …read more
Source: Mining.com- Copper News