Deals Help Shrink Glencore’s Mountain of Debt – Hellenic Shipping News Worldwide
Glencore Plcs $2.5 billion agriculture deal is another milestone to solving Chief Executive Officer Ivan Glasenbergs biggest problem last year reducing a mountain of debt. Canadas biggest pension fund will buy a 40 percent stake in the agriculture business and Glencore said it may sell an additional 20 percent, which could be worth $1.25 billion based…

