Glencore CEO Says IPO ‘Imminent’

The chief executive of Glencore was quoted on Sunday as saying that the launch of an initial public offering by the global commodities trader was “imminent.” In an interview with the Financial Times, Glencore chief Ivan Glasenberg said the $10 billion listing — which could be the largest to date in London and one of the largest in Europe — would give the trading company the firepower it needs. – Reuters

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