Glencore boss Ivan Glasenberg accused Rio of ... and doubled down on the bet by buying sister company Xstrata in 2013. But the shift has accelerated in recent years. A series of investigations ...
The Glencore-Xstrata tie-up, that eventually resembled a hostile takeover more than a merger of equals, itself came about after Anglo American in June 2009 rejected a proposal to merge with ...
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Irish Independent on MSNGlencore said to be assessing sale of Pallas Green assetGlobal mining giant Glencore is said to be considering a sale of its Pallas Green zinc asset in Limerick, according to a ...
Rio Tinto (ASX:RIO) and Glencore (LON:GLEN), two of the largest entities in the mining sector, are reportedly in discussions ...
In 2014, Glencore under former CEO Ivan Glasenberg, barely two years after gobbling up Xstrata for $90 billion to add a vast mining portfolio to its then high-flying trading business, made its ...
Glencore, then run by the flinty Ivan Glasenberg, had already pulled off a giant merger with Xstrata. Rio’s generous access to high-grade iron ore was a coveted asset. Prominent mining banker ...
LONDON (Reuters) - Miner and commodity trader Glencore said it is open to M&A transactions that create value for its shareholders, leveraging its position as a top three global copper producer.
Shares in Glencore, one of the world’s largest copper producers and traders, have tracked the copper price over the past five years, although the connection has broken down in recent months.
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