In the course of the Congo events, Nikanor was merged into Katanga in late 2007 in a transaction valued at US$3.3 billion.[20]
In May 2009, Glencore announced it would manage Brazilian bankrupted agricultural products company Agrenco.[21]
In early 2011, the Reuters report included speculation that, after an Initial Public Offering (IPO), Glencore could develop an interest in London/Kazakh Eurasian Natural Resources Corporation.[16] Glencore said that, contrary to recent reports, it was not interested in bidding for the under-fire group.[22]
In May 2011 the company launched an IPO valuing the business at US$61 billion[23] and creating five new billionaires.[24] Trading was limited to institutional investors for the first week and private investors were only allowed to buy the shares from 24 May 2011.[25]