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S.Africa's Eskom withdraws objections to Glencore-Xstrata
January 18, 2013 / 9:59 AM / in 5 years

S.Africa's Eskom withdraws objections to Glencore-Xstrata

JOHANNESBURG, Jan 18 (Reuters) - South African power utility Eskom said on Friday it has withdrawn its objections to the takeover of miner Xstrata by commodities trader Glencore .

Eskom said it had agreed with Glencore a framework that will guide their discussions on coal supply and ensure the utility’s concerns about getting sufficient product at the right price are addressed.

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