Glencore and Xstrata in $80 billion takeover talks

LONDON (Reuters) - Commodities trader Glencore is in talks to buy mining group Xstrata in an all-share transaction that could create a combined group worth more than 50 billion pounds ($79 billion), shaking up the industry with its biggest deal to date.

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/TKpcDNWBKg8/us-glencore-xstrata-idUSTRE8110C220120202

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