Data provided by McGregor BFA
All data is delayed
Loading...
See More

Glencore takes bigger slice of Optimum

Sep 08 2011 14:56 Reuters

Related Articles

Shanduka wants to buy Optimum - sources

Glencore acquires Optimum stake

Optimum Coal confirms bid interest

Ramaphosa in bid for Optimum Coal

Glencore signs Libyan fuels contract

Glencore raises Optimum stake

 

Johannesburg -  Glencore, the world’s largest commodity trader, said on Thursday it had raised its stake in South African takeover target Optimum Coal Holdings to 25.8% from 24.7%.

Glencore said in a statement that it had acquired about 2.5 million shares at an average price of R37.99 a share, which is more than the R34 per share that a consortium of Glencore and a company owned by its South African partner, politician-turned-tycoon Cyril Ramaphosa, had publicly offered.

 
glencore  |  mining
NEXT ON FIN24X

DRDGold appoints director

2014-04-17 15:05

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Zuma: Pray for peaceful polls

President Jacob Zuma has asked members of the Universal Church of the Kingdom of God to pray for peaceful elections on 7 May.

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...