Herro Overtakes Glencore CEO Glasenberg as Number Two Investor

Updated on
  • Harris Associates now owns 8.5% of Swiss trader, Herro Says
  • Glencore shares have surged 46% this year as debt plan unfolds

Herro Overtakes Glencore CEO Glasenberg as No. 2 Investor

Investor David Herro has bought more Glencore Plc shares and now owns a bigger stake in the Swiss commodity trader-cum-miner than its billionaire Chief Executive Officer Ivan Glasenberg.

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