Glencore trades at the top of the market

The timing of Glencore's IPO could signal the peak of the commodity cycle.

Glencore trades at the top of the market

When a normally publicity-shy company comes out of the shadows, observers are right to be a little wary. Particularly if that firm has a murky past and is the leading player in markets that have recently enjoyed a spectacular bull run.

Last week, Glencore announced plans to raise $12 billion in a global initial public offering. With a 20% stake on sale, the deal would value the Zug-based commodities trader at around $60 billion....

To continue reading, please login or register for free

Click for more on: glencore | goldman sachs | commodities

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...