Xstrata Split With Glencore on Terms as Deadline Nears: Energy

Xstrata Plc, the largest exporter of coal used by power stations, is still at odds with Glencore International Plc over board seats and retention pay three days before a deadline for it to respond to Glencore’s revised 20.5 billion-pound ($33.3 billion) takeover bid.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.