Glencore Said to Value Gold Unit at More Than $5 Billion in IPO
August 26, 2010 by
Filed under gold investment
Glencore Said to Value Gold Unit at More Than $5 Billion in IPO
Glencore International AG, the commodity trader studying an initial public offering of its Kazzinc unit’s gold assets in 2011, values them at more than $5 billion, according to a person familiar with the matter.
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