M&A

Hedge fund outlines plan for Glencore coal spin-off

Bluebell Capital Partners, a London-based hedge fund with a stake in Glencore, has outlined how the commodities trading giant could spin off its coal business while retaining control of the assets, The Financial Times reported on Monday.

Staff reporter
Hedge fund outlines plan for Glencore coal spin-off

In a letter to Glencore seen by the FT, Bluebell proposed Glencore create a separate coal company with a dual share structure. Glencore would retain ‘A' shares, giving it control of the demerged company...

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