NewsBreak: Glencore Plummets on New SFO Probe Report

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© Reuters. © Reuters. — Shares in Glencore (LON:), the world’s biggest mining group, fell sharply on Thursday after it said the U.K.’s Serious Fraud Office (SFO) has opened an investigation into suspicions of bribery in its dealings.

The company said it will co-operate with the SFO investigation.

The company’s shares plummeted to a three-month low of 221.02 pence before rebounding to 223.95p as of 8:38 AM ET (1338 GMT), down 5.8% on the day.

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