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Mining giants Rio Tinto, Glencore in merger talks
Bloomberg Daybreak Asia: Rio Tinto-Glencore Talks
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.
Rio Tinto, Glencore are said to discuss potential merger, Bloomberg News reports
Rio Tinto, and Glencore Plc have been discussing combining their businesses, Bloomberg News reported on Thursday, citing people familiar with the matter. Both the firms, which are among the world's largest iron ore miners,
Rio Tinto, Glencore discussing potential combination - Bloomberg
Rio Tinto (NYSE:RIO) -2.3% in Thursday's trading following a Bloomberg report that the company has been discussing a potential business combination with Glencore (OTCPK:GLCNF) (OTCPK:GLNCY), in what could result in the mining industry's largest-ever deal and have the potential to reshape the global mining landscape.
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,
Rio Tinto, Glencore in early-stage merger talks, Bloomberg News reports
Rio Tinto and Glencore have held early-stage talks about combining their businesses, Bloomberg News reported on Thursday, citing people familiar with the matter. The potential merger between the two mining heavyweights,
Rio Tinto Slips After Report of Possible Glencore Merger
Rio Tinto's ADRs fell 1.9%, to $59.29, in afternoon trading Thursday. The early-stage talks between Rio Tinto and Glencore could result in the mining industry's largest-ever deal and reshape the global mining landscape,
Rio Tinto y Glencore estarían discutiendo una posible fusión
Rio Tinto Group y Glencore Plc han estado discutiendo la posibilidad de combinar sus negocios, según personas familiarizadas con el asunto, en lo que podría resultar en el mayor acuerdo de la historia de la industria.
Potential Rio Tinto-Glencore combination considered poor fit, unlikely to happen
Rio Tinto (NYSE:RIO) and Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) reportedly discussed a potential merger for months at the top level of both companies, in what would be the mining industry's largest-ever deal.
Rio Tinto and Glencore discussed merger but talks no longer active, source says
Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said. The talks between Rio, the world's No.
Rio Tinto talks with Glencore to trigger merger mania
A tie-up would have created a nearly £130billion behemoth that would have toppled BHP from its top spot as the world's biggest miner.
17h
on MSN
Why Glencore-Rio Tinto merger buzz could signal a new phase of mining sector consolidation
The mining industry is on edge after reports surfaced of potential merger discussions between Rio Tinto and Glencore, two of ...
3d
Rio, Glencore Join List of Companies Breaking M&A's Jack Reacher Rule
Hi, it’s Aaron Kirchfeld in London, looking at how bankers and executives are trying to bring dead deals back to life.
1d
Glencore’s M&A bind requires bold coal cleanup
Gary Nagle is facing a tricky situation. The Glencore CEO has a mix of copper mines, which everyone wants, and a giant coal ...
Hosted on MSN
1d
Would a combined Rio Tinto-Glencore mining giant be a good idea for investors?
Two news reports caught our attention - and it got us and Janus Henderson Investors' Daniel Sullivan thinking.
4d
FTSE 100 Live: UK Stocks Set to Rise Amid Potential Mining Mega-Merger Talks
A merger with Glencore would give Rio a stake in the Collahuasi copper mine in Chile, one of the world’s richest deposits.
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