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Bill for executives’ purchase of shares may total $514 million
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On flipside, officials have reaped $1.8 billion in dividends
Glencore Plc’s billionaire CEO Ivan Glasenberg is on the hook for as much as $210 million of the Swiss commodity trader’s looming $2.5 billion sale of new shares aimed at staving off a potentially disastrous credit rating cut.
The 58-year-old accountant turned coal trader, who has worked for the company for more than 30 years and is its second-largest shareholder with 8.4 percent,
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Read the full story at Bloomberg by Jesse Riseborough
