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Qatar sees Glencore/Xstrata merger positively

Qatar's sovereign investment fund, the second largest shareholder in Xstrata PLC (LON:XTA) with 12% of equity, confirmed Monday it is looking positively at the company's planned merger with Glencore International (LON:GLEN).

WEBCAST/ONSITE AUCTION OF CONSTRUCTION, MINE & POWER ASSETS

Wednesday, November 7 @ 10:00 am EST in Becancour, (QC) Canada. Unprecedented offering of late model & new construction and mine equipment. Featuring: 2008 Terex HC230 crawler crane; (2) Cat 1450kw gensets (never used); 100-man mine camp; service trucks; tankers & trailers; wire & cable, bulk stores, etc. Online bidding at bidspotter.com. Sale conducted by TCL Asset Group Inc. & Maynards Industries.