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.
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.