Rio Tinto Pursues Buyout Of Glencore

Rio Tinto and Glencore said late on Thursday they are in early buyout talks that could create the world's largest mining company with a combined market value of nearly $207 billion. The discussions include a potential all-share acquisition by Rio Tinto and a UK takeover deadline of Feb. 5 for a formal offer, reflecting a strategic push into copper amid energy-transition demand.
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