LONDON: The US corruption and money-laundering probe into Glencore Plc represents the sum of all fears for the world’s largest commodity trader and its billionaire chief executive officer, Ivan Glasenberg.
The possibility that the Justice Department would add to the dizzying array of regulatory and legal headaches the Swiss company is facing around the globe – from Russia to Africa and South America – has been a major worry for both executives and shareholders for months, people familiar with the matter said.
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