Commodity and mining behemoth Glencore's shares surge 10 per cent on news it is finally taking action on its mounting debt pile
![Commodity and mining behemoth Glencore's shares surge 10 per cent on news it is finally taking action on its mounting debt pile](http://i.dailymail.co.uk/i/pix/2015/09/07/21/2C0EBC1300000578-0-image-m-103_1441657499123.jpg)
A reluctant Ivan Glasenberg bowed to shareholder pressure and agreed to an equity fund-raising to slash the mining and commodity trading giant’s £19bn debt mountain by a third.