Glencore Xstrata (merger)

The Glencore Xstrata merger, completed in 2013, was a major deal where Swiss-based commodities giant Glencore combined with the mining company Xstrata. This merger created one of the world's largest resource trading and mining companies, allowing them to better control the extraction, production, and sale of metals, minerals, and energy commodities. It aimed to improve efficiency, reduce costs, and expand their global reach. The deal significantly impacted the commodities market, influencing prices and supply chains across industries worldwide.