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,
What next for Glencore after failed Rio Tinto merger talks?
More consolidation is needed, he told a private conference hosted by Goldman Sachs at LME Week. As it happened, Jakob Stausholm, the boss of rival mining company Rio Tinto, was also speaking at the event. Around the same time, Glencore and Rio held tentative talks about combining part or all of their business to create a $160bn mining behemoth.
We recently compiled a list of the 12 Cheapest Stocks with Biggest Upside Potential. In this article, we are going to take a ...
The nation's largest bank earned a record $58 billion for 2024 and $14 billion in its final quarter.
In a report released today, Myles Allsop from UBS maintained a Hold rating on Rio Tinto (RIO – Research Report), with a price target of £52.50.
Rio Tinto PLC RIO shares rose 2.22% to £50.41 Friday, on what proved to be an all-around favorable trading session for the ...
Shares of Rio Tinto Group (NYSE:RIO – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, MarketBeat.com ...
In a report released today, Amos Fletcher from Barclays maintained a Buy rating on Rio Tinto (RIO – Research Report), with a price target of ...
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