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Stock Market & Financial Investment News

News Breaks
November 14, 2012
13:58 EDTGLNCY, XSRAYQatar fund poised to approve Xstrata-Glencore merger, Bloomberg says
Xstratas (XSRAY) second-largest shareholder, Qatar's sovereign wealth fund, is ready to back Glencore's (GLNCY) $31.3B takeover proposal, reported Bloomberg, citing sources. The Qatari fund will not oppose bonuses for about 70 managers that have been criticized by other shareholders, the report added. Reference Link
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