A deal would have created the world’s largest mining company, worth more than $200 billion. Glencore shares dropped 7%.
Forget the issues of ego, control and culture. Only one thing ever mattered in this deal, and that was what ultimately ...
Deal talks between miners Rio Tinto and Glencore came to nothing as differences on price couldn’t be bridged.
Glencore and Rio Tinto have ended high profile merger talks that would have created the world's largest mining group. Glencore argued that the proposed terms undervalued its copper business and future ...
By Clara Denina and Pratima Desai LONDON, Feb 5 (Reuters) - Rio Tinto has walked away from takeover talks with Glencore, ...
The decision by Rio Tinto and Glencore to abandon merger talks now has analysts divided on the companies’ prospects in what JPMorgan has called “the age of critical minerals.” ...
By Melanie Burton and Clara Denina MELBOURNE/LONDON, Feb 5 (Reuters) - Rio Tinto and Glencore are expected to announce an ...
After weeks of talks mining companies say they cannot reach a deal that delivers value for shareholders ...
Australian miner, looking to tap into surging demand for copper, said it could not agree on terms “that would deliver value to its shareholders”.
This means both will likely look for smaller, alternative acquisitions to boost their copper exposure, creating a more ...
Rio Tinto is walking away from a $300 billion-plus deal to acquire Glencore following a month of tense negotiations that ...
When Glencore rejected Rio’s tough merger terms Rio Tinto dodged two bullets: a possible BHP takeover bid and a dangerous acquisition.