Glencore IPO - A Fairly Good Start

Glencore IPO - A Fairly Good Start Glencore, the commodities trader, was able to make a decent start with its debut IPO. It received a fairly good response in the market and was lapped up the way the management of the company thought it would have been. The Glencore IPO was able to break its much expected launch price of 530 pence. The initial reports of the grey market showed that more than 530 million shares were exchanged for more than four percent of the offer price. Despite this huge

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