Glencore Completes Deal for Xstrata The New York Times
May 02, 2013· In November, Xstrata shareholders blocked efforts to hand out bonuses worth a combined 220 million that were aimed at retaining about 70 of the mining company''s top executives. "We, as major shareholders in Xstrata, have no confidence in the independence and robustness of the current Xstrata board," David Trenchard, vice chairman of ...