NOURIEL ROUBINI BLOG tracks the media appearances of Dr Nouriel Roubini his interviews articles debates books news speeches conferences blogs etc..Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Sunday, February 12, 2012
Roubini on The Glencore-Xstrata merger deal
Nouriel Roubini :"An already oligopolistic & highly concentrated industry (mining/resources) will become even less competitive with the Glencore-Xstrata deal" said Professor Nouriel Roubini in a twitter message regarding the Glencore-Xstrata merger deal , The commodities and mining companies have agreed to a $41 billion all-share merger that would see the biggest ever deal in the mining sector , shareholders have expressed their opposition to the deal and have said that they will vote against it