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Glencore in 'merger of equals' talks with Xstrata

February 02, 2012 - 08:23 GMT Location: Shanghai

KEYWORDS: Glencore , Xstrata , merger

Glencore may make an offer to buy out Xstrata, in a long-awaited deal to combine the world's biggest commodities trader with the fourth-biggest miner.

Xstrata "has received an approach from and is in discussions with Glencore International...

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