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REPEAT: PRESS: Glencore Chief Rebuffs Anglo American Speculation - Bloomberg

3rd Sep 2014 14:20

LONDON (Alliance News) - Glencore PLC Chief Executive Ivan Glasenberg has rebuffed speculation about a potential takeover of Anglo American PLC to journalists in Johannesburg, Bloomberg reported Wednesday.

?With Anglo, we don?t trade diamonds, if that gives you a good idea, and we don?t trade platinum,? Glasenberg told the reporters in Johannesburg.

"We will only look at assets which we trade, which we market,? Glasenberg said in response to a separate question, the report said.

http://www.bloomberg.com/news/2014-09-03/glencore-ceo-rebuffs-anglo-american-bid-speculation.html

Shares in Glencore were trading up 1.0% at 371.10 pence Wednesday afternoon.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2014 Alliance News Limited. All Rights Reserved.


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