Not a Gulf apart

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Glencore and Qatar's sovereign wealth fund are discussing the planned merger between the commodities trader and miner Xstrata, after Qatar Holdings voiced its opposition to the $65bn deal on its current terms. Lex's Stuart Kirk and Richard Stovin-Bradford say the deal might be sweetened but is likely to still go through. • For more commentary from the Lex team, visit http://www.ft.com/lex • http://www.FT.com/

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