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Investors were among those anxious to find out if Glencore made the initial approach or if Rio instigated the talks as it looks to life after iron ore. Most brokers are predicting iron ore prices ...
Rio’s US-listed shares fell 0.5 per cent in extended trading after the Bloomberg report, while Glencore’s American Depository Receipts closed up 2.4 per cent after jumping nearly 9 per cent at one ...
BHP still ranks as number one, with a market cap of around US$126 billion. While Glencore has a market cap of approximately US$55 billion. Should Rio Tinto shares come to encompass Glencore's ...
LONDON - Rio Tinto Group and Glencore have been discussing combining their businesses, which if successful would rank as the largest-ever mining deal and create a US$158 billion ($216 billion ...
Companies held early stage talks but are not currently active A combined company would rival BHP Group as biggest miner Rio Tinto Group and Glencore Plc have held early stage talks about combining ...
Add articles to your saved list and come back to them any time. A potential $254 billion mega-merger between Rio Tinto and Glencore would create a mining behemoth with a powerful position in the ...
A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto and Glencore, appears doomed to fail, just as last year’s $50 billion attempt by BHP ...
Mining giants Rio Tinto Ltd (ASX:RIO) (LSE:RIO, ASX:RIO, OTC:RTNTF) and Glencore PLC (LSE:LON:GLEN) have reportedly engaged in preliminary discussions about a potential merger, Bloomberg reported on ...