Standard Life and Schroders deciding to vote against the deal presents increased risk that the companies will have to change the terms., Tim Huff, a director of mining research at RBC Capital Markets in London, said over the phone.
Still, Glencores business model, combining commoditiestrading and raw-materials production, allows it to profit asprices rise and fall, according to Tim Huff, a director ofmining research at RBC Capital Markets in London.
Date: May 18, 2011
Category: Business
Source: Google
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