Glencore sinks after shares suspension

Commodities trader Glencore sank to the bottom of London's leading shares index as the company requested its shares were suspended from trade after postponing a vote on its faltering £21 billion takeover bid of miner Xstrata.

Glencore lost up to 6% at one stage in early trading before it made the request to suspend its shares while it considered it options over the merger, which has been met with opposition from a major Xstrata shareholder.
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