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MOFCOM Orders Extraterritorial Divestiture of Key Mining Asset in Glencore/Xstrata Merger: Lessons for Future Notifications |
May 7, 2013
Previously published on May 6, 2013
Following a lengthy review lasting the best part of a year, on 16 April 2013 the Ministry of Commerce of the People’s Republic of China (MOFCOM) gave a conditional green light to the acquisition by Glencore International plc. (Glencore) of all of the remaining shares of Xstrata plc. (Xstrata), in which Glencore already held a minority equity interest.
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