(Finance) – Activist investor Bluebell Capital Partners is putting pressure on Glencore so that the Anglo-Swiss company – one of the largest in the world in the mining sector – I separated its activities in thermal coal, while maintaining control of them. This is what emerges from a letter dated January 24, reported today by the British press, which suggests a new one share structure with A and B shares. Bluebell, headquartered in London with Italian leaders (Francesco Trapani, Giuseppe Bivona and Marco Taricco), had already asked Glencore to separate the thermal coal division to allow more investors to buy the shares. However, CEO Gary Nagle said none of the major shareholders were asking for a spin-off.
The trend of is positive today Glencore, which stood at 420.9 on the London Stock Exchange, with an increase of 0.75%. Tomorrow the company releases i preliminary results for 2021. Operationally, expectations are for a continuation of the day in a positive sense with resistance seen at 426 and later at 439.8. Support for 412.1.