Caracal and Glencore Arrangement Agreement - Share Purchases
CNW Group - Wed Apr 30, 10:48PM CDT
Caracal Energy Inc. ("Caracal" or the "Company"
Glencore International AG acquires further shares of Caracal Energy
M2 - Wed Apr 30, 11:38AM CDT
Glencore International AG (Glencore) a subsidiary of Glencore Xstrata plc announces that it has today acquired, through a subsidiary 8682321 Canada Inc., 2,246,494 common shares of Caracal Energy Inc. (Caracal), representing 1.53% of Caracals outstanding common shares. The acquisition brings Glencores total beneficial ownership, directly or indirectly, in Caracal to 21,185,914 common shares (representing approximately 13.82% of Caracals outstanding common shares assuming the conversion of Glencores US$40 million principal amount of Caracal convertible bonds due September 2017). The acquired shares were purchased through the facilities of the London Stock Exchange at a price of GBP5.50 (C$10.17 per common share assuming exchange rate of 1:1.85). This further acquisition of shares brings Glencores total acquisition of Caracal common shares since April 14, 2014 to 12,400,000 shares, representing 8.45% of Caracals outstanding common shares on a non-diluted basis.
Why TransGlobe Energy (TGA) Stock Is Higher Today
at The Street - Mon Apr 14, 11:07AM CDT
Shares of TransGlobe Energy (TGA) are up after the company said its previously announced arrangement with Caracal Energy (CRCL) was terminated after Caracal agreed to be taken over by Glencore (GLNCY).
Glencore buys oil-explorer Caracal for $1.35B
AP - Mon Apr 14, 11:04AM CDT
GENEVA (AP) — Swiss-based commodities giant Glencore Xstrata Plc says it is buying oil exploration firm Caracal Energy Inc. for about 800 million pounds ($1.35 billion) in cash.
Why Glencore (GLNCY) Stock Is Higher Today
at The Street - Mon Apr 14, 10:21AM CDT
Shares of Glencore (GLNCY) are higher after the company said it was buying Caracal Energy (CCAXF) for approximately $1.35 billion.
GlencoreXstrata selling Peruvian mine for $5.85B
AP - Mon Apr 14, 1:39AM CDT
BEIJING (AP) — A group of Chinese state-owned companies is buying a Peruvian copper mine from Glencore Xstrata Plc for $5.85 billion, adding to a wave of Chinese resource acquisitions abroad.
JPMorgan Could Vend Commodities Unit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 06, 5:50PM CST
JPMorgan Chase & Co. has moved a step closer toward selling its physical commodities business.
Oak Hill Advisors Opens California Office
PR Newswire - Fri Jan 17, 7:30AM CST
Oak Hill Advisors, L.P. ("OHA"
Forex: How Reliable is That USDJPY, AUDUSD Tech Pattern with FOMC?
John Kicklighter, Chief Currency Strategist - DailyFX - Wed Dec 18, 12:48AM CST
Talking Points:
Competition Bureau Secures Remedy in Sale of Agri-Products Business to Agrium
Marketwire - Thu Sep 05, 4:27PM CDT
The Competition Bureau announced today that it has reached a Consent Agreement with Agrium Inc. to resolve competition concerns related to Agrium's proposed acquisition of the majority of Viterra Inc.'s retail agri-products business from Glencore International plc.
Glencore Xstrata $7.66 billion charge hits profit
By JOHN HEILPRIN - AP - Tue Aug 20, 11:59AM CDT
GENEVA (AP) — Newly merged commodities and mining group Glencore Xstrata Plc reported a sharp drop in profit Tuesday, while taking a first-half loss of almost $8.5 billion, mainly from the value of the mining assets it acquired.
News Summary: Charge hits Glencore Xstrata profit
By The Associated Press - AP - Tue Aug 20, 11:26AM CDT
MINING LOSS: Newly merged commodities and mining group Glencore Xstrata Plc reported a near $9 billion first-half loss as it wrote down the value of its mining assets by $7.66 billion.
Cargill Australia to buy Joe White Maltings
PR Newswire - Mon Aug 05, 1:07AM CDT
Cargill Australia Limited today confirmed that Glencore International has accepted its offer to purchase Joe White Maltings. The sales agreement is subject to certain regulatory approvals and the parties expect to complete the transaction prior to the end of 2013.
Orbite Announces Offtake Agreement with Glencore
Marketwire Canada - Mon Jun 17, 7:47PM CDT
Orbite Aluminae Inc. (TSX:ORT)(OTCQX:EORBF) ("Orbite" or the "Corporation"