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A joint venture between commodity trader Glencore Plc and Indonesia’s PT Chandra Asri Pacific is marketing a $1 billion sustainability-linked syndicated loan, according to people familiar with the matter,
Group and Glencore Plc (OTC:GLNCY) are reportedly in early-stage discussions about a potential combination, Bloomberg reported on Thursday, citing sources close to the matter.
The London-listed mining giants have held early-stage discussions about a combination of the two businesses, Bloomberg reported last night.
Rio Tinto Group and Glencore Plc have been discussing combining their businesses, according to people familiar with the matter, in what could result in the mining industry’s largest-ever deal.Most Read from BloombergThese Homes Withstood the LA Fires.
GLENCORE approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a source familiar with the matter said. Read more at The Business Times.
Zijin Mining Group racked up record annual profit after a growth burst that made the Chinese firm as big as global commodities giant Glencore Plc., although it has softened its output targets for this year.
A deal aimed at capturing a bigger slice of the metals market, the proposed $160 billion merger of Rio Tinto a Glencore appears doomed to fail
Rio Tinto Group shares fell as much as 1.8% in Sydney after Bloomberg News earlier reported the world’s second-biggest miner held early-stage talks with Glencore Plc about a deal.Most Read from BloombergThese Homes Withstood the LA Fires.
Mining giants Rio Tinto Ltd (ASX: RIO) (LSE:RIO, ASX:RIO, OTC:RTNTF) and Glencore PLC (LSE:LON: GLEN) have reportedly engaged in preliminary discussions about a potential merger, Bloomberg reported on Thursday, citing sources familiar with the matter.
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Rio Tinto (NYSE:RIO) -2.3% in Thursday's trading following a Bloomberg report that the company has been discussing a potential business combination with Glencore (OTCPK:GLCNF) (OTCPK:GLNCY), in what could result in the mining industry's largest-ever deal and have the potential to reshape the global mining landscape.