Glencore could re-acquire Prodeco, but the asking price will probably be higher

摘要

Analysts are speculating that Glencore will re-acquire Prodeco from Xstrata before its buy-back option expires in early March 2010. Glencore sold the Colombian coal producer to Xstrata in January of this year for US$2 billion at the height of the global economic crisis. The sale helped Glencore bolster its financial standing.