Reuters
Deals
Glencore says $30 billion Xstrata deal "not a must-do"
Tue, Aug 21 15:47 PM EDT

By Clara Ferreira-Marques

LONDON (Reuters) - Glencore's (GLEN.L) $30 billion bid for miner Xstrata XTA.L is not a "must-do deal" its chief executive said on Tuesday, in making the company's strongest suggestion yet that it will not yield to key shareholder Qatar's demands for an improved offer.


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