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Dubai builder Arabtec suffers first loss since 2009

Net loss is 11.6 mln dirhams; Revenue 1.3 bln dirhams vs 1.2 bln yr-ago; Gross margins drop 9.9 percent year on year; Shares close down 4 pct on Dubai bourse

August 9, 2012 10:30
 
Glencore fights to save $26 billion Xstrata bid

Xstrata hands Glencore more time for Qatar talks

Xstrata to set fresh date for vote on Glencore's offer; Sources say vote likely to be set for September; Xstrata shareholders had been due to meet on July 12; Date likely at least 24 days after docs published this wk

July 9, 2012 5:00
 
Glencore fights to save $26 billion Xstrata bid

Xstrata investor backs Qatar proposal for better deal

Activist fund Knight Vinke, a top-20 shareholder in miner Xstrata, said on Tuesday it supported a surprise call from fellow investor Qatar for better terms in a takeover offer from commodities trader Glencore .

July 4, 2012 12:07
 
Glencore fights to save $26 billion Xstrata bid

Glencore fights to save $26 billion Xstrata bid

Qatar said on Tuesday wants better terms; Xstrata proposes changing management incentives; Deal valued at $26 bln at current share prices; Glencore could walk away from deal

June 28, 2012 12:25
 
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