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business10h ago
For Rio, breaking off isn’t hard to do
- Rio Tinto ends merger discussions with Glencore, signaling a strategic shift for both companies.
- The talks focused on asset and market combinations but now will be reassessed amid volatile commodities markets.
- Analysts say any deal would face regulatory scrutiny and integration challenges.
- The decision is viewed as a strategic repositioning rather than a failure to reach an agreement.
- The Times frames the breakup as a strategic adjustment at the two firms.
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