Glencore Xstrata PLC (GLEN.L)
17 Apr 2014
|Market Cap (Mil.):||£41,518.80|
|Shares Outstanding (Mil.):||13,278.41|
(Adds Google, Twitter, Glencore Xstrata, TIAA-CREF; Updates Disney, ThyssenKrupp, Glencore, Insurer Endurance)
LONDON - Mining company Glencore Xstrata has agreed to buy Chad-focused oil company Caracal Energy for about 800 million pounds, a deal that will allow the commodity giant to expand upstream in the oil sector.
* Caracal shares surge more than 58 pct on the news (Adds analyst comment, details on deal and on Glencore's presence in Chad)
LONDON, April 14 - Mining company Glencore Xstrata said it agreed to buy Chad-focused oil company Caracal Energy for about 800 million pounds ($1.3 billion), in a deal which will involve Caracal abandoning a merger with Canada's TransGlobe Energy.
* Glencore will use proceeds to deleverage first (Recasts, adds context, analyst comments, details)
- Glencore Xstrata has sold its interest in the Las Bambas copper mine in Peru to a Chinese consortium in a $6 billion (3 billion pounds) cash deal, making it one of China's largest mining acquisitions in recent years.
* Sold to a consortium of bidders led by HK-listed MMG Ltd
April 13 - Commodities trader Glencore Xstrata Plc has sold its entire interest in the Las Bambas copper mine in Peru for about $5.85 billion in cash.
Has signed an agreement for the sale of its entire interest in the Las Bambas copper mine project
DAKAR/LONDON - Africa's dependency on fuel imports is likely to grow as its refining projects struggle to get off the ground, a Vitol director told a Reuters Africa Summit.
Earnings vs. Estimates
Analyst Research Reports
Glencore Xstrata PLC: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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