Rio Tinto, Glencore End Merger Talks After Failing to Agree on Terms

Mining giants Rio Tinto (ASX: RIO) and Glencore (LON: GLEN) ended talks Thursday on what would have created the world’s largest mining company, with both sides unable to reach agreement on valuation and governance. Rio Tinto announced it concluded negotiations after determining the proposed terms would not create sufficient shareholder value. The announcement arrived just […] The post Rio Tinto, Glencore End Merger Talks After Failing to Agree on Terms appeared first on the deep dive.