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Qatar 'looking favourably' at Glencore/Xstrata acquisition
- Qatar: Tuesday, October 16 - 2012 at 02:12
Qatari Prime Minister Sheikh Hamad bin Jassim al-Thani has said the Gulf country, the second-largest investor in miner Xstrata, looks favourably on the company's proposed $32bn takeover by commodities trader Glencore, Reuters has reported. Sheikh Hamad, however, stopped short of signalling whether the country would vote in support of a final offer from Glencore, made last month. Shareholders, who could get a date for a fresh meeting this week, are expected to vote early next month.
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