Glencore in talks to sell further 9.9 pct stake in agriculture unit: Reuters
Swiss commodity trader and miner Glencore is in talks to sell a further 9.9 percent stake in its agricultural unit, negotiating with bidders that missed out on the 40 percent sold to Canada Pension Plan Investment Board, sources told Reuters. Bidders include a different Canadian pension fund, state-backed Saudi Agricultural and Livestock Investment Co and Qatar's sovereign wealth fund, the sources said. The 9.9 percent stake is valued at around US$625 million.
6 May 2016•2 mins read
