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Glencore Xstrata profit drop comes on $7.66 billion write down following merger

2013-08-20 17:11:01| Chemicals - Topix.net

Glencore Xstrata Plc lost nearly US$9 billion in the first half of its current financial year, as the newly merged commodities and mining group wrote down the value of its mining assets by a hefty $7.66 billion.

Tags: following write drop profit

 

Glencore takes $7.7bn Xstrata hit

2013-08-20 09:53:33| BBC News | Business | UK Edition

Newly-merged mining giant Glencore Xstrata writes down the value of Xstrata's assets by $7.7bn, and reports a drop in half-year revenues.

Tags: hit takes glencore xstrata

 
 

China approves Glencore Xstrata deal

2013-04-17 03:06:14| BBC News | Business | UK Edition

China approves the merger of commodities trader Glencore and mining group Xstrata, clearing the final big hurdle in completion of the deal.

Tags: china deal approves glencore

 

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