Having transformed Glencore from a poorly understood commodities trader based in Baar into one of the world's largest resources companies through the spectacular $US60 billion float four years ago and the takeover of mining group Xstrata in 2013, the hard-nosed South African was lauded as a savvy deal maker.
Analyze the relationship between 'Glencore' and 'Baar' within the context of the input sentence.
Options: employer, headquarters location, parent organization, operator