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Glencore, the world’s largest publicly-traded commodities supplier, offered 2.8 of its shares for each one in Xstrata to acquire the 66 percent of the Zug, Switzerland-based company it doesn’t already own. Schroders Plc and Standard Life Plc oppose the...
Treasuries lost 0.5 percent, Bank of America Merrill Lynch data show. Investors including pension funds are allocating money “from zero-yield areas to higher-yielding regions,” said De Mello, who works for a unit of the 200-year-old London-based...
Schroders had been a Charter shareholder longer than Mr Emilson had been chairman
But the moves are at odds with a number of Xstrata's blue-chip shareholders – led by Schroders and Standard Life – which have publicly dismissed the current premium, which will see one Xstrata share valued at 2.8 Glencore shares. Current positions from...
Ho, who had worked for Western’s Asian fixed income team in Singapore since 2003, resigned in early January and started at Schroders last week based in London. There she is reporting to Bob Jolly, the firm's head of global macro. Following De Mello’s...
(Glencore) versus employees (Xstrata) is likely to be, longer term," Andrew Keen, head of mining research at HSBC, has said. Under the terms of deal backed by management of both companies, Xstrata's shareholders will get 2.8 Glencore shares for each of...
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Schroders plc is a leading global, asset management company, with over two hundred years of experience in the world's financial markets. Headquartered in the City of London, it is traded on the London Stock Exchange and is a constituent of the FTSE 100 Index. Full Article
