Qatar Holding undecided about Glencore's takeover of Xstrata

Qatar Holding, the Qatari sovereign wealth fund and Xstrata shareholder, said that it hasn't yet made up its mind on whether or not to vote in favour of amended new terms that Glencore revealed this week.

Qatar Holding, the Qatari sovereign wealth fund and Xstrata shareholder, said that it hasn't yet made up its mind on whether or not to vote in favour of amended new terms that Glencore revealed this week.

Commodities trader Glencore on Friday raised its share swap offer for Xstrata from 2.8 times to 3.05 times following fierce opposition from the merger's biggest obstacle, Qatar Holding, which owns around a 12% stake in the miner.

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