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Page last updated at 09:48 GMT, Tuesday, 7 February 2012

Peston on the Glencore Xstrata merger

One of the richest men in Switzerland, Ivan Glasenberg, is about to become even richer with the merger of Glencore with a mining company called Xstrata in a deal is worth £57bn.

Robert Peston says that the merger between Glencore and Xstrata will create significant pricing power, but which may not always be in the best interest of the customer.

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