{"id":27351,"date":"2012-02-10T10:37:33","date_gmt":"2012-02-10T15:37:33","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27351"},"modified":"2012-02-10T10:37:33","modified_gmt":"2012-02-10T15:37:33","slug":"hedge-funds-get-creative-in-glencore-xstrata-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2012\/hedge-funds-get-creative-in-glencore-xstrata-deal.html","title":{"rendered":"Hedge funds get creative in Glencore-Xstrata deal"},"content":{"rendered":"<p>Reuters &#8211; Hedge funds are buzzing around Glencore&#8217;s (GLEN.L) bumper $41 billion (26 billion pounds) takeover of miner Xstrata (XTA.L) after a lean year for European M&amp;A, but are finding their usual bets tricky in the face of the eye-watering cost of shorting Glencore&#8217;s shares.<\/p>\n<p>After a lull in European M&amp;A deals in 2011, merger arbitrage managers are licking their lips at the prospect of a tie-up, which will see Glencore pay 2.8 shares for each Xstrata share and which has already met some shareholder opposition.<\/p>\n<p><strong><a href=\"http:\/\/www.reuters.com\/article\/2012\/02\/09\/uk-glencore-hedgefunds-idUSLNE81802K20120209\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge funds are buzzing around Glencore&#8217;s (GLEN.L) bumper $41 billion (26 billion pounds) takeover of miner Xstrata (XTA.L) after a lean year for European M&amp;A, but are finding their usual bets tricky in the face of the eye-watering [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27351","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=27351"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27351\/revisions"}],"predecessor-version":[{"id":27352,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27351\/revisions\/27352"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}