Cargill has hired Mumtaz Kazmi, previously the mergers and acquisitions head for Credit Suisse in the Middle East, to help the agribusiness firm expand in Asia, two banking sources aware of the matter said.
Cargill is one of the w
Britain's takeover regulator has given mining group Xstrata an extra week to decide whether to accept the $36 billion revised offer from Glencore, prompting jitters over what is the latest twist in a seven-month saga.
Trader Glencore has raised its offer for miner Xstrata in a dramatic 11th-hour attempt to rescue one of the sector's largest ever deals from collapse after months of opposition from rival shareholder Qatar.
Glencore chief executive
Glencore's proposed $30 billion takeover of Xstrata has come a step closer to collapse, as the commodities trader looked set to let slide an informal deadline for it to raise its offer and yield to rival shareholder Qatar.
Glencore made a steady market debut on Thursday, with shares trading just above the widely expected launch price of 530 pence, giving the commodities trader the platform it wants to make acquisitions.
Initial grey market, or conditional, t
Swiss commodity trader Glencore International will close the books for its planned $11 billion initial public offering on May 17, a day ahead of schedule, underscoring strong demand for the offer despite the recent downturn in commodity marke
Glencore, the world's largest commodities trader, is briefing analysts ahead of a possible mega-float which could involve Qatar taking a stake.
If it goes ahead, an initial public offering (IPO) of Glencore could value the company at a