Xstrata woos waverers over Glencore deal

Miner Xstrata sought to win over waverers to the merits of its $39-billion takeover by commodities trader Glencore, telling shareholders to back the "fair and reasonable" offer even as investors flexed their muscles by expressing opposition to its...

Fear not the 'Glenstrata' giant, say coal customers

Big coal buyers should not fear the merger of miner Xstrata and trader Glencore into a dominant trading force, say customers who already rely on the two for supplies of coking coal for steel and thermal for power generation. They say the tie-up,...