Drill and Deal

Deals / Glencore – Xstrata

Diversified · announced 2 May 2013 · completed

Glencore – Xstrata

Combining trading and production. Chinese clearance required the sale of Las Bambas. See the case study.

Acquirer
Glencore
Target
Xstrata
Announced
Metal
Diversified
Announced value
about $30bn
Structure
Scheme, all-share
Status
Completed
Main asset
Collahuasi · See it on the globe