Glencore whips tighter on Xstrata deal talk
Credit default swaps on Glencore International, the Swiss-based commodities trading group, have snapped tighter by about 60bp today on news that it is in talks to merge with Xstrata, the mining group based a few miles away.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts