The planned merger of commodities trader Glencore and miner Xstrata is taking longer than expected, as the pair seek to placate the authorities' monopoly concerns.
The companies continue to expect to receive all relevant approvals to enable completion of the merger in the third quarter of 2012, as previously announced, but documentation relating to the merger is now anticipated to be distributed to each company's shareholders by the end of May 2012 instead of in April as originally announced on February 7th, 2012.
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High earners underestimate how much they need to retire comfortablyHigh net worth individuals grossly misjudge how much money they need for a comfortable retirement, new data shows, with many not saving enough.
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Retired banker who gave wife £80m to avoid inheritance tax won’t face equal split in divorceFamily lawyers say the Supreme Court ruling will have significant impact on high net worth divorce cases
