DataRoom AM: Glencore's copper catch?

Glencore Xstrata is rumoured to be after more of Oz Minerals, while Westpac is in pole position to bag Lloyds' Australian arm.

Rumours of a bid for Oz Minerals from Glencore Xstrata have surfaced offshore over the weekend, but would the Swiss giant really be interested? Elsewhere, Westpac is in the box seat for the Australian arm of Lloyds as final offers are submitted today. Meanwhile, ANZ Bank mulls a Hong Kong buy, the IPO market bursts to life, Queensland Motorways makes a major toll road buy and interest grows in Nathan Tinkler’s Aston Metals.

Oz Minerals, Glencore Xstrata

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