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Glencore Collects $2.5 Billion In Partial Sale Of Its Agribusiness
Wednesday, April 6, 2016 - 9:53am | 357Glencore International PLC, St. Helier (OTC: GLNCY) announced on Wednesday it has entered into an agreement with Canada Pension Plan Investment Board (CPPIB) to sell a 50 percent stake in its agriculture products business segment. As part of the agreement, Glencore will sell a 40 percent equity...
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Glencore's CEO 'Surprised' By Downturn In Commodity Prices
Tuesday, December 22, 2015 - 12:16pm | 314Glencore International PLC (OTC: GLCNF) is one of the world's largest commodities trading companies. Leading the company is Ivan Glasenberg, an executive who the Financial Times labeled as "the savviest trader of his generation." Given Glasenberg's reputation as a...