FOXBusiness.com: China Approves Glencore-Xstata Merger With Conditions

FOXBusiness.com FOX Business Network - The Power to Prosper

China Approves Glencore-Xstata Merger With Conditions Apr 16th 2013, 23:26 Commodities giant Glencore International PLC (GLEN.LN) said Tuesday that it has received final regulatory approval from China for its multibillion-dollar merger with Xstrata PLC (XTA.LN) after agreeing to dispose of a $5.2 billion Peruvian copper project and agreeing to supply a minimum amount of copper to China over an eight-year period.

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