Glencore Takes Stake in Icahn-Backed Iron-Ore Miner -Bloomberg
27 Fevereiro 2013 - 10:48AM
Dow Jones News
Glencore International PLC (GLEN.LN) has taken a stake in Brazil
iron-ore producer Ferrous Resources Ltd., part-owned by Carl Icahn,
and is considering increasing its share, Bloomberg reported
Wednesday, citing people familiar with the matter. The commodities
titan has agreed to offer further funding by March 31 to help
Ferrous develop its Viga mine in exchange for a bigger stake, two
people told Bloomberg. Ferrous isn't under obligation to accept the
larger bid, they said.
Full story at
http://www.bloomberg.com/news/2013-02-27/glencore-said-to-build-stake-in-brazil-iron-ore-producer-ferrous.html
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