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DRYBLOWER
Dryblower on the rumoured return of Glencore/Rio merger talk
TAKEOVERS, investors are told, are off the agenda of Australia’s big two mining companies, BHP and Rio Tinto, but <i>Dryblower</i> doubts that’s really the case which is why the re-surfacing of speculation about a merger of Glencore and Rio Tinto should not be ignored.
A Glencore + Rio Tinto deal was floating around about five years ago when Glencore boss, Ivan Glasenberg, first suggested it to Jan de Plessis, Rio Tinto's chairman. The proposal didn't go far, but it...
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