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I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management.

Marc Rich


Author Profession: Businessman
Nationality: American
Born: December 18, 1934
Died: June 26, 2013


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