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Glencore sets October 14 for ASX debut

Glencore plans to begin trading on the Australian Securities Exchange on October 14 following regulatory approval. The secondary listing allows local institutional access to fund copper growth ambitions without new share issuance.

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FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo

GLENCORE PLC will start trading on the Australia stock exchange on October 14 under the ticker GLC. The secondary listing requires no new share issuance or capital raising. The move aims to tap into institutional capital in Australia to fund copper growth and potential M&A deals.
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