Qatar: Glencore International has said it's ready to abandon a $31bn deal to buy Xstrata rather than give in to demands from Qatar's sovereign wealth fund and overpay for the mine operator, Bloomberg has reported. "If they vote against the deal, they will block the deal," CEO Ivan Glasenberg told the news service. "From my point of view, from Glencore's point of view so be it. It's not the end of the world. We will move on." [AMEInfo.com]
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