Glencore, Rio Tinto
Bloomberg L.P. · 1d
Rio Tinto and Glencore Spoke for Months About Deal That Was Once Taboo
When Glencore Plc proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in the second half of last year shows how the sands have shifted,
Mena FN · 18h
Glencore And Rio Tinto Held Talks On Mining's Biggest-Ever Potential Merger, Say Reports
A merger of the two giants would result in a de facto takeover of Glencore by Rio Tinto. The latter is the world's second-largest mining group after BHP, with a market capitalisation of $103 billion dollars. Glencore has a market capitalisation of $55 billion.
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