LONDON (Reuters) - Shares in global miner Xstrata
Glencore declined to comment.
Bloomberg, citing three people with knowledge of the matter, wrote on Tuesday that China's Ministry of Commerce agreed to the takeover and an announcement is expected later or on Wednesday.
Glencore was expected to agree to concessions to ease Chinese worries over its grip on the supply of copper, clearing the final regulatory hurdle in its acquisition of Xstrata.
Glencore shares rose 5.2 percent.
(Reporting By David Brett, Editing By Toni Vorobyova)