Glencore, Xstrata set July dates for shareholder merger vote

Glencore and Xstrata shareholders will vote on the proposed merger of the two companies on July 11 and 12 respectively, the companies announced on Thursday May 31.

Xstrata shareholders will also vote on the retention provisions for senior management agreed in the merger proposal, and the merger will not go ahead unless these provisions are approved, Xstrata said. “These arrangements depend upon retaining the core senior management of Xstrata, given that more...


Mark Burton

May 31, 2012

18:19 GMT