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business1d ago

Key facts: Glencore in merger talks with Rio Tinto; sells 40% stake in DRC

https://www.tradingview.com/news/tradingview:a7e6c48ba1faf:0-key-facts-glencore-in-merger-talks-with-rio-tinto-sells-40-stake-in-drc/https://www.theguardian.com/business/2026/feb/05/rio-tinto-glencore-abandon-260bn-merger-mininghttps://www.thetimes.com/business/companies-markets/article/rio-tinto-calls-off-glencore-merger-talks-m86gqm89l
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Key facts: Glencore in merger talks with Rio Tinto; sells 40% stake in DRC Open in Tradingview.com
Highlights
  • Rio Tinto and Glencore abandoned revived $260bn merger plan, saying it would not deliver value to its shareholders.
  • The restart of talks was driven by scale but concerns over value and copper growth prospects undermined the deal.
  • Glencore argued that any offer would have significantly undervalued its contribution to a combined group and the merger’s viability.

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References

Rio Tinto and Glencore abandon revived $260bn merger plan

Rio Tinto and Glencore abandon revived $260bn merger plan

Rio Tinto calls off $260bn merger talks with Glencore

Rio Tinto calls off $260bn merger talks with Glencore

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