1. Xstrata Paid Bonuses in December for Glencore Takeover

    Xstrata Paid Bonuses in December for Glencore Takeover

    Xstrata Plc awarded some executives bonuses last December to mark the takeover byGlencore International Plc (GLEN), two weeks after shareholders rejected retention payments exceeding $200 million...

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    1. The task of achieving a merger between Xstrata and Glencore has brought with it many hurdles along the way and has been a real test of our character to rise up and meet such obstacles.
    2. I would like to thank you for the contribution you have made to get Xstrata to this point of the merger and am pleased to inform you that you have been awarded a transaction bonus.
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