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  • 21/08/2012
Commodities trader Glencore seems to be digging in its heels on the price it is prepared to pay for miner Xstrata.

Glencore's chief executive Ivan Glasenberg said it is a deal that they would walk away from. He implies he will not give in to Qatar's sovereign wealth fund, a key Xstrata shareholder, which has demanded an improved offer.

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http://www.euronews.net/

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