Glencore lodges remedies to quell EC concerns over Xstrata buy, phase I deadline extended
By Dafydd Nelson and Christiaan Nelisse ( October 31, 2012, 08:55 GMT | Insight) -- Commodities trader Glencore has offered remedies to the European Commission to offset competition concerns with the company’s planned acquisition of miner Xstrata, according to the regulator's register of merger investigations. The commission’s phase I deadline has been pushed back by 10 working days, to 22 November.Brussels - Commodities trader Glencore has offered remedies to the European Commission to offset competition concerns with the company’s planned acquisition of miner Xstrata, according to the regulator's register of merger investigations....
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