There's also the prospect of lucrative capital markets business with Glencore International Plc and Xstrata Plc selling almost $19 billion of bonds in 21 issues between February 2011 and their merger in May, Bloomberg data show.
-Glencore, in consideration for acquiring the working interest in Badila and Mangara from Caracal, will fund $300 million of Caracal Energy's working interest share of joint venture expenditures in the Badila and Mangara oil fields up to a maximum of ...
Glencore Xstrata plc ("Glencore") is pleased to announce the signing of revolving credit facilities (the "Facilities") for a total amount of USD 17,340 million.
The combined company, which was formed last month by merging Glencore and Xstrata, is still searching for a new chairman after shareholders ousted John Bond last month.
LONDON--Mining and commodities trading company Glencore Xstrata PLC (GLEN.LN) Friday said it signed revolving credit facilities for 17.3 billion dollars, replacing the previous revolving credit facilities of both Glencore and Xstrata.
Glencore Xstrata Plc (GLEN), the world's biggest exporter of power station coal, named former Morgan Stanley (MS) Chief Executive Officer John Mack among three new board members to replace departed directors from Xstrata Plc.
Tesco PLC (LON: TSCO), Thomas Cook Group plc (LON: TCG) and Glencore Xstrata PLC (LON: GLEN) all fall. The FTSE 100 perked up a bit yesterday to end the day on 6,558 points, but it has turned tail again today to fall 41 points to 6,518 by mid-morning.
Glencore Xstrata Plc (GLEN), the world's fourth-biggest mining company, said it fired about 1,000 workers who participated in an unauthorized strike at three South African chrome production sites.
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