DataRoom AM: Glencore's iron will

Glencore’s appetite for iron ore has reportedly led it to seek out Cliffs Natural Resources, while Westpac’s Hastings Funds Management snaps up rail assets in the UK.

BHP Billiton’s point man for the Rio Tinto takeover can’t understand what Glencore’s up to, as Ivan Glasenberg talks further about iron ore deals.

Meanwhile, Westpac’s Hastings has nabbed a train asset in the UK as part of a consortium, Rod Sims thinks the Snowy Hydro scheme should be privatised and there’s IPO news aplenty with APN Outdoor, Simonds Property Group and Green’s General Foods.

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