Glencore Merger With Xstrata Set to Pass
Trading in Xstrata Plc shows that investors, who vote today on 2012’s biggest takeover, have almost never been more confident that Glencore International Plc’s 19.5 billion-pound ($31 billion) bid will win approval.
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OECD's Mann on European Banks, Bonds, and Growth
52:38 - Catherine Mann, chief economist at OECD, and Andrew Sheets, chief cross-asset strategist at Morgan Stanley, discuss the European banking industry, bond market dysfunction, trade, and the organization's outlook for global economic growth. They speak on 'Bloomberg Surveillance." (Source: Bloomberg)