Glencore International, the commodities-trading-cum-mining group, has changed its mind about holding an extraordinary meeting to discuss an amendment to its arrangements to buy up all of a tranche of loan notes issued by Viterra, the Canadian food ingredients group it is in the process of acquiring.
Just a day after Glencore International called the meeting to vote on the extraordinary resolution authorising and approving certain proposed amendments to Viterra outstanding 6.406% Senior Unsecured Notes due February 16th, 2021, the Switzerland-based firm has called the meeting off.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Review: Eden Roc Cap Cana – fun, sun and golf in the CaribbeanTravel Eden Roc Cap Cana in the Dominican Republic offers everything from relaxing by the pool to a world-class golf course
-
Reeves delays cash ISA reform, but savers are not out of the woods yetThe chancellor has reportedly delayed plans to cut the cash ISA limit, which were set to be announced at Mansion House on 15 July, and will take more time to consult with the industry
