What the Glencore Xstrata Deal Means for the Global Mining Industry

The Glencore Xstrata deal, an all-share merger creating a $90 billion global mining industry powerhouse, would be the sector's biggest and could trigger the busiest year for M&A activity. The companies announced the deal today (Tuesday) following Glencore's offer last week. Glencore would pay $41 billion for the rest of Xstrata's shares (Glencore already has a 34% stake). Glencore International is the world's largest publicly traded commodities supplier, and Xstrata is the

Glencore Xstrata deal