Watchdog to rule on Glencore-Xstrata

January 21 2013 at 01:49pm
By Reuters

REUTERS

The logo of Glencore is seen in front of the company's headquarters in the Swiss town of Baar.

South Africa's Competition Tribunal said on Monday it would issue its decision on the proposed takeover of global miner Xstrata by commodities trader Glencore on Tuesday.

Glencore is still awaiting the green light for the $33 billion deal from antitrust authorities in South Africa and China, having already received a conditional approval from European regulators. - Reuters

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