Glencore, Down 85 Percent Since Its IPO, Might Go PrivateMark Melin
Debt-laden commodity producer and trader Glencore Plc, down over 76 percent on a year over year basis, should go private if stock investors don’t see the value, a research note from its private banker, Citigroup, said. This tactic was enough to send the stock up 11.48 percent in London trading.
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