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,
Hi, it’s Aaron Kirchfeld in London, looking at how bankers and executives are trying to bring dead deals back to life.
Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer ...
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