{"id":19274,"date":"2026-02-06T06:43:41","date_gmt":"2026-02-06T06:43:41","guid":{"rendered":"https:\/\/microvibenews.com\/?p=19274"},"modified":"2026-02-06T06:43:41","modified_gmt":"2026-02-06T06:43:41","slug":"glencore-said-to-have-sought-40-of-combined-firm-in-rio-talks","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=19274","title":{"rendered":"Glencore said to have sought 40% of combined firm in Rio talks"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>Glencore Plc was seeking a share-exchange ratio in talks with Rio Tinto Group that would have given its own investors about 40% of the combined company, according to people familiar with the matter.<\/p>\n<p>Rio walked away after it was unable to justify the premium sought by Glencore and the smaller company was unwilling to adjust its position, some of the people said. It had already completed due diligence on Glencore, according to the people.<\/p>\n<p>Representatives for Glencore and Rio both declined to comment. The companies announced on Thursday that they had abandoned merger discussions, which would have created the world\u2019s biggest mining company.<\/p>\n<p>\u00a9 2026 Bloomberg<\/p>\n<p><em>Follow Moneyweb\u2019s in-depth finance and business news on WhatsApp here.<\/em><\/p>\n<\/p><\/div>\n<p><script data-cfasync=\"false\">\n            !function(f,b,e,v,n,t,s)\n            {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n                n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n                if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n                n.queue=[];t=b.createElement(e);t.async=!0;\n                t.src=v;s=b.getElementsByTagName(e)[0];\n                s.parentNode.insertBefore(t,s)}(window, document,'script',\n                'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n            fbq('init', '779812924991616');\n            fbq('track', 'PageView');\n        <\/script>#Glencore #sought #combined #firm #Rio #talks<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Glencore Plc was seeking a sha&hellip; <\/p>\n","protected":false},"author":1,"featured_media":19275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[11996,1182,757,3430,8811,460],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/19274"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19274"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/19274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/19275"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}