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High Court of England and Wales sanctions Glencore-Xstrata merger

April 29, 2013 - 17:05 GMT Location: London

KEYWORDS: Glencore , Xstrata , merger , High Court , timetable

The High Court of Justice of England and Wales has authorised the new scheme to conclude the all-share merger of Xstrata and Glencore, now expected to become effective on May 2.

An application has also been made to the UK Listing Authority and the London Stock Exchange for the last day of dealings in Xstrata ordinary shares to be April 30. It has also been requested that from 0730 BST on May 1, the trading of Xstrata ordinary shares on the...

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