Glencore, the publicity-averse trading house renowned for its far-reaching influence on global commodity markets, is exploring a stock market flotation.
Switzerland-based Glencore, one of the world's largest private companies, has held preliminary talks with bankers about an initial public offering as it reviews its partnership structure.
While an IPO is not considered imminent, a move into the public spotlight would mark a big change for the company founded in 1974 by Marc Rich, a one-time fugitive financier who was famously pardoned by Bill Clinton during the former US president's last day in office.
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