Qatar Holding ups its Xstrata stake again; Glencore silent on impact on merger ratio

Qatar Holding (QH) has bumped its stake in Xstrata up to 11.5%, sparking rumours that Glencore could be under renewed pressure to increase its offer for the diversified miner.

QH bought 18.6 million shares in Xstrata according to a regulatory announcement, increasing its holding by 0.618%. The sovereign wealth fund has been steadily building its stake in the mining company since January...

Published

Claire Hack

August 20, 2012

14:55 GMT

London