Trading chief set for £6bn stake in Glencore

The chief executive of commodities trading giant Glencore will own a stake in the firm worth around £6bn (€6.7bn) when it launches on the Stock Exchange this month.

Trading chief set for £6bn stake in Glencore

The chief executive of commodities trading giant Glencore will own a stake in the firm worth around £6bn (€6.7bn) when it launches on the Stock Exchange this month.

Ivan Glasenberg, the group’s largest investor, will own a 15.8% stake in the company following the listing – which will be the UK’s largest stock flotation yet.

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