LSE:GLENMetals and Mining
Rio Tinto Ends Merger Talks As Glencore Refocuses On Standalone Outlook
Rio Tinto has formally ended preliminary merger discussions with Glencore.
The talks related to a possible combination of the two global mining groups.
The decision closes off one potential corporate action path for Glencore, ticker LSE:GLEN.
Glencore, LSE:GLEN, last closed at £4.86, with the share price up 18.9% year to date and 41.4% over the past year. Over longer periods, the stock shows an 11.7% return over three years and 104.9% over five years, while the past week brought a 2.1%...