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Xstrata PLC (XTA)

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Friday 13 April, 2012

Xstrata PLC

Merger Update

RNS Number : 2601B
Xstrata PLC
13 April 2012
 



REGULATORY ANNOUNCEMENT

Merger Timing Update

 Zug, 13 April 2012

  

 

Glencore International plc and Xstrata plc are currently engaged in constructive discussions with the regulatory authorities which require anti-trust filings to be submitted in connection with the proposed merger, including the European Commission.  The companies continue to expect to receive all relevant approvals to enable completion of the merger in the third quarter of 2012, as previously announced.  Documentation relating to the merger is now anticipated to be distributed to each company's shareholders by the end of May 2012 instead of in April as originally announced on 7 February, 2012. Respective shareholder meetings to approve the merger are expected to be convened in early July 2012.

The Panel on Takeovers and Mergers has given its consent to these arrangements.

 

 

End

Neither the content of the company's website nor the content of any other website accessible from hyperlinks on the company's website is incorporated into, or forms part of, this announcement

Xstrata contacts:

Claire Divver


Alison Flynn

Telephone

+44 20 7968 2871


Telephone

+44 20 7968 2838

Mobile

+44 7785 964 340


Mobile

+44 7769 314 374

Email

cdivver@xstrata.com


Email

aflynn@xstrata.com




PR Advisers



Aura Financial
Michael Oke, Andy Mills



Telephone

+44 20 7321 0000





www.xstrata.com

 

Notes to editors

About Xstrata plc

We are a major producer of a range of vital commodities used in everything from constructing buildings and delivering electricity, to developing jet engines and mobile phones. We are one of the top five global producers of copper, thermal and metallurgical coal, ferrochrome, zinc and nickel and we also produce silver, lead, platinum, gold, cobalt and vanadium.

Founded in 2002 and headquartered in Switzerland, we operate in over 20 countries and employ over 70,000 people at more than 100 operations and projects around the world. We work in a responsible and sustainable way, with an entrepreneurial spirit and dynamic approach. For more information, visit www.xstrata.com.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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