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5-day change | 1st Jan Change | ||
| 469.5 GBX | +0.19% |
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-1.01% | -0.55% |
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Glencore is taking its Toronto-listed Congo unit Katanga Mining private, the subsidiary said on Wednesday.
"Katanga Mining Limited... has entered into a definitive agreement with Glencore International pursuant to which the company would be taken private by way of an amalgamation of the company with 836074 Yukon Inc.," Katanga said in a statement.
Katanga shareholders other than Glencore will receive 0.16 Canadian dollars in cash per share - a 100% premium to the closing price on Tuesday, the statement said.
(Reporting by Helen Reid. Editing by Jane Merriman)
| 1st Jan change | Capi. | |
|---|---|---|
| -0.55% | 71.07B | |
| -14.40% | 143B | |
| -6.66% | 117B | |
| +6.69% | 50.97B | |
| +13.30% | 48.38B | |
| +34.12% | 39.93B | |
| +22.92% | 26.1B | |
| +32.58% | 21.36B | |
| +58.44% | 18.57B | |
| +53.37% | 17.66B |
GLENCORE PLC 
