Qatar 'looking favourably' at Glencore/Xstrata acquisition
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Qatar 'looking favourably' at Glencore/Xstrata acquisition

Qatar 'looking favourably' at Glencore/Xstrata acquisition

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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    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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