11:19 : Cumming and Buxton to vote against Glencore/Xstrata deal -
(Update) Glencore and Xstrata have agreed an all-share merger worth $90 billion, but Standard Life Investments' David Cumming and Schroders' Richard Buxton plan to vote against it, fearing that it undervalues Xstrata.
10:13 : SLI's Cumming: Glencore deal undervalues Xstrata -
(Update) Glencore and Xstrata have agreed an all-share merger worth $90 billion, but Standard Life Investments' David Cumming plans to vote against it, fearing that it undervalues Xstrata.