Here we go once more. A mixture of Rio Tinto and Glencore has been talked about for years and the duo held aborted negotiations on the finish of 2024. With the worldwide mining business in deal-making mode – frenzies come alongside each 15 years or so – the concept of RioGlen or GlenTinto was due one other whirl. On Friday, the 2 FTSE 100 corporations stated they had been in “preliminary discussions” a few “potential mixture of some or all of their companies”. A full-blown tie-up could be value about $260bn (£120bn), together with debt.
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