Having announced their engagement Anglo-Swiss commodities firms Glencore and Xstrata have finalised terms of the dowry of their marriage of equals.
The merger of commodities trader Glencore and mining firm Xstrata will be effected through the exchange of 2.8 Glencore shares for every Xstrata held. The merger values each Xstrata share at 1,290.1p and the entire issued share capital of Xstrata at around £9.1bn.
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RICS: homebuyers are returning after stamp duty shockThe housing market has been subdued since stamp duty thresholds dropped in April, but there are signs of a recovery
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Reducing cash ISA limit will make lending difficult and expensive, warn providersAn open letter from the Building Societies Association has urged the chancellor to keep the cash ISA limit at £20,000. We look at whether a smaller cash ISA allowance will make it harder to get a mortgage or loan
