Glencore's debt move a 'doomsday' precaution
13 September 2015 - 02:00
AT the end of a two-week roadshow to meet with shareholders across Europe and the US, it was clear to Glencore CEO Ivan Glasenberg and his management team that some radical measures would be required to restore confidence in the embattled mining giant. Shares in the company had nose-dived over the past month, down by as much as 40% to 122.
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