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Glencore completes US$700mn Volcan share purchase

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Monday, November 13, 2017

Swiss commodities trader Glencore said it reached an agreement with shareholders to take an additional stake in Peru's largest zinc-silver miner Volcan for a total cost of US$734mn, the largest M&A deal on the Lima market this year. Glencore will acquire 603mn class A common shares, which gives t...

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This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America. Including news and insight from South America, Central America and the Caribbean, BNamericas includes insight and forecasts for business opportunities in Mexico. The business development service focuses on major projects, active companies, such as and business and sales contacts, providing networking opportunities with leading executives throughout Latin America.