Troubled Glencore looks to offload part of business

[dancingshoes]

Shares in mining giant Glencore soared Monday on reports it was in talks to sell its agriculture business, providing relief for the company battling weakening demand for raw materials.

Singapore's sovereign wealth fund, Japanese trading house Mitsui & Co., and a Canadian pension fund are among potential buyers of the unit, Bloomberg News reported last week.

https://sg.finance.yahoo.com/news/glencore-shares-34-unit-sale-talks-064839436--finance.html

 

[Alamakinky]

Huat ah huat ah, time to buy low and sell lower. Huat huat huat.

 

[MovieStar]

commodity, miner, gold, oil..all are in low price now:(