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Bancor Token Generation Crowdfunding Campaign Raises $153M in 3 Hours

Bancor Token Generation Crowdfunding Campaign Raises $153M in 3 Hours

50/20/20/10 Token Distribution According to Bancor, 50% of BNT will be issued to the contributors in the fundraiser, 20% allocated to partnerships, community grants and public bounties, 20% to the Foundation’s long-term operating budget, 10% to founders, team members, advisors and early contributors. Founders and team contributors will be subject to a three year vesting schedule.  ]]>

Glencore Buys Out Dan Gertler's Congo Cobalt and Copper Mines in $960M Deal

Glencore Buys Out Dan Gertler's Congo Cobalt and Copper Mines in $960M Deal

Glencore agreed to sell Glencore Rail (GRail) to Connecticut-based railroad operator Genesee & Wyoming’s (G&W) (NYSE: GWR) Australian subsidiary for A$1.14 billion (US$874 million). In April 2016, Glencore agreed to sell a 40% equity interest in Glencore Agri to Canada Pension Plan Investment Board (CPPIB) for US$2.5 billion in cash. The deal valued 100% of the equity in Glencore Agri at US$6.25 billion. Photo: Ivan Glasenberg, CEO of Glencore.]]>