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Sun 9 Sep 2012 12:26 PM

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Protestors oppose Xstrata-Glencore merger

A blockbuster merger between commodities giant Glencore and mining group Xstrata may be salvaged as Glencore offered to raise its offer

Protestors oppose Xstrata-Glencore merger
Demonstrators stage a protest during the shareholders assembly of the mining group Xstrata on September 7, 2012 in Zug. A blockbuster merger between Swiss commodities giant Glencore and Xstrata may be salvaged as Glencore offered to raise its offer, after shareholder Qatar demanded better terms. Glencore had flatly refused to budge, but after a last-minute adjournment of a crucial vote on the merger today, it made its new offer to exchange 3.05 of the new group's shares for every Xstrata share. (AFP/Getty Images)
Protestors oppose Xstrata-Glencore merger
People stage a protest during the shareholders assembly of the mining group Xstrata on September 7, 2012 in Zug. A blockbuster merger between Swiss commodities giant Glencore and Xstrata may be salvaged as Glencore offered to raise its offer, after shareholder Qatar demanded better terms. Glencore had flatly refused to budge, but after a last-minute adjournment of a crucial vote on the merger today, it made its new offer to exchange 3.05 of the new group's shares for every Xstrata share. (AFP/Getty Images)
Protestors oppose Xstrata-Glencore merger
People stage a protest during the shareholders assembly of the mining group Xstrata on September 7, 2012 in Zug. A blockbuster merger between Swiss commodities giant Glencore and Xstrata may be salvaged as Glencore offered to raise its offer, after shareholder Qatar demanded better terms. Glencore had flatly refused to budge, but after a last-minute adjournment of a crucial vote on the merger today, it made its new offer to exchange 3.05 of the new group's shares for every Xstrata share. (AFP/Getty Images)
Protestors oppose Xstrata-Glencore merger
Mining group Xstrata chairman Sir John Bond passes in front of demonstrators as he arrives for a shareholders assembly on September 7, 2012 in Zug. A blockbuster merger between Swiss commodities giant Glencore and Xstrata may be salvaged as Glencore offered to raise its offer, after shareholder Qatar demanded better terms. Glencore had flatly refused to budge, but after a last-minute adjournment of a crucial vote on the merger today, it made its new offer to exchange 3.05 of the new group's shares for every Xstrata share. (AFP/Getty Images)
Protestors oppose Xstrata-Glencore merger
A logo of the mining group Xstrata is seen on September 7, 2012 at its headquarters in Zug. A blockbuster merger between commodities giant Glencore and mining group Xstrata may be salvaged as Glencore offered to raise its offer, after shareholder Qatar demanded better terms. (AFP/Getty Images)
Protestors oppose Xstrata-Glencore merger
Mining group Xstrata chairman Sir John Bond passes in front of demonstrators as he leaves a shareholders assembly on September 7, 2012 in Zug. A blockbuster merger between Swiss commodities giant Glencore and Xstrata may be salvaged as Glencore offered to raise its offer, after shareholder Qatar demanded better terms. Glencore had flatly refused to budge, but after a last-minute adjournment of a crucial vote on the merger today, it made its new offer to exchange 3.05 of the new group's shares for every Xstrata share. (AFP/Getty Images)
Protestors oppose Xstrata-Glencore merger
Mining group Xstrata chairman Sir John Bond (C) arrives with Xstrata chief financial officer Trevor Reid (R) to a shareholders assembly on September 7, 2012 in Zug. A blockbuster merger between Swiss commodities giant Glencore and Xstrata may be salvaged as Glencore offered to raise its offer, after shareholder Qatar demanded better terms. Glencore had flatly refused to budge, but after a last-minute adjournment of a crucial vote on the merger today, it made its new offer to exchange 3.05 of the new group's shares for every Xstrata share. (AFP/Getty Images)
Protestors oppose Xstrata-Glencore merger
Swiss commodity giant Glencore's chairman Simon Murray (L) leaves after a shareholders assembly has been postponed on September 7, 2012 in Zug, as the blockbuster merger between Glencore and Xstrata was in jeopardy as key shareholder Qatar threatens to block the union in a vote during the assembly. (AFP/Getty Images)