Glencore IPO Orders Continue to Pour In

Swiss commodity giant Glencore Int’l PLC so far has shrugged off the dive in commodity markets this week, with arranging banks saying orders are still pouring in for the $11 billion deal. Glencore on Wednesday set the price range for the offer at 480 pence to 580 pence, valuing it at around $61 billion, including the new money being raised. – WSJ

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