Glencore Xstrata writes down inherited Xstrata assets

Try Our New Player
euronews (in English)
8.1K
8 views
  • About
  • Export
  • Add to
Hard times in the mining world as Glencore Xstrata announced a $8.1 billion (6.05 billion euros) writedown on the value of assets.

That comes after the merger of the two industry giants and following a three month long review of Xstrata's assets, which contributed $7.7 billion (5.75 billion euros) to the writedowns.

...
http://www.euronews.net/

0 comments