Edition:
India

Glencore Increases Its Shareholdings In PolyMet Following Completion Of Rights Offering


Wednesday, 3 Jul 2019 

July 2 (Reuters) - Glencore PLC ::GLENCORE INCREASES ITS SHAREHOLDINGS IN POLYMET FOLLOWING COMPLETION OF RIGHTS OFFERING.GLENCORE- UNDER AGREEMENT WITH POLYNET, CO ACQUIRED AN AGGREGATE TOTAL OF 627 MILLION COMMON SHARES AT AN AGGREGATE SUBSCRIPTION PRICE OF US$243 MILLION.