Ivan Glasenberg has broken a decade-long silence ahead of the launch of Glencore’s initial public offering this week, saying that the flotation will give the world’s top commodities trader the financial firepower it needs as consolidation gathers pace.
Mr Glasenberg told the Financial Times that the launch of the offering – the largest ever in London – was “imminent” after it received robust support from big institutional investors. Glencore plans to sell a 20 per cent stake worth around $10bn, valuing the whole company at around $60bn, bankers said.
Bankers close to the deal said the intention-to-float document will be filed on Thursday, although Mr Glasenberg declined to specify the day.
您已阅读43%（696字），剩余57%（922字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。