Linklaters and Freshfields Bruckhaus Deringer have won lead roles on a proposed merger between commodities trader Glencore and mining giant Xstrata worth around $82bn (£50bn). Xstrata confirmed it had received an approach from Glencore for an all-share merger of equals in a statement earlier today (2 February), adding that there was no certainty that any offer would be made. The merger would create one of the biggest mining companies in the world.
February 02, 2012 at 06:31 AM
1 minute read
The original version of this story was published on Legalweek
Linklaters and Freshfields Bruckhaus Deringer have won lead roles on a proposed merger between commodities trader Glencore and mining giant Xstrata worth around $82bn (£50bn).
Xstrata confirmed it had received an approach from Glencore for an all-share merger of equals in a statement earlier today (2 February), adding that there was no certainty that any offer would be made. The merger would create one of the biggest mining companies in the world.
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