Glencore Merger Would Be Hard to Sell to Rio Tinto Investors -- Market Talk

Dow Jones

Jan 17, 2025

0743 GMT - A merger between Glencore and Rio Tinto seems like a strange strategic move given their limited cross-over and differing strategies, analysts at MKP Advisors write after a Bloomberg report saying the companies have discussed combining their businesses. It would be especially hard for Rio Tinto to sell the deal to its shareholders given it would contradict all of their previous messaging to investors, they write. Rio Tinto has exited from it its coal assets while Glencore has doubled down, and it is a struggle to see how the two companies are compatible, the analysts write. Rio Tinto fell 0.7% in Sydney to A$118.74 while in London Glencore closed Thursday at 370.05 pence. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

January 17, 2025 02:44 ET (07:44 GMT)

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It would be especially hard for Rio Tinto to sell the deal to its shareholders given it would contradict all of their previous messaging to investors, they write. Rio Tinto has exited from it its coal assets while Glencore has doubled down, and it is a struggle to see how the two companies are compatible, the analysts write. Rio Tinto fell 0.7% in Sydney to A$118.74 while in London Glencore closed Thursday at 370.05 pence. (adam.whittaker@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 17, 2025 02:44 ET (07:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Glencore Merger Would Be Hard to Sell to Rio Tinto Investors -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlencore Merger Would Be Hard to Sell to Rio Tinto Investors -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-17 15:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0743 GMT - A merger between Glencore and Rio Tinto seems like a strange strategic move given their limited cross-over and differing strategies, analysts at MKP Advisors write after a Bloomberg report saying the companies have discussed combining their businesses. It would be especially hard for Rio Tinto to sell the deal to its shareholders given it would contradict all of their previous messaging to investors, they write. Rio Tinto has exited from it its coal assets while Glencore has doubled down, and it is a struggle to see how the two companies are compatible, the analysts write. Rio Tinto fell 0.7% in Sydney to A$118.74 while in London Glencore closed Thursday at 370.05 pence. (adam.whittaker@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 17, 2025 02:44 ET (07:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2504681184","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2504681184","pubTimestamp":1737099840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0743 GMT - A merger between Glencore and Rio Tinto seems like a strange strategic move given their limited cross-over and differing strategies, analysts at MKP Advisors write after a Bloomberg report saying the companies have discussed combining their businesses. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","GLNCY":"Glencore Plc","BK4588":"碎股","BK4168":"多种金属与采矿","BK7507":"资源股","ISBC":"投资者银行","BK4585":"ETF&股票定投概念","RIO.AU":"力拓","RIO":"力拓","BK7095":"多种金属与采矿","BK7511":"ESG概念"},"translate_title":"嘉能可合并将很难出售给力拓投资者——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ISBC":1,"RIO.AU":0.9,"RIO":0.9,"GLNCY":0.9},"content_text":"0743 GMT - A merger between Glencore and Rio Tinto seems like a strange strategic move given their limited cross-over and differing strategies, analysts at MKP Advisors write after a Bloomberg report saying the companies have discussed combining their businesses. It would be especially hard for Rio Tinto to sell the deal to its shareholders given it would contradict all of their previous messaging to investors, they write. Rio Tinto has exited from it its coal assets while Glencore has doubled down, and it is a struggle to see how the two companies are compatible, the analysts write. Rio Tinto fell 0.7% in Sydney to A$118.74 while in London Glencore closed Thursday at 370.05 pence. (adam.whittaker@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 17, 2025 02:44 ET (07:44 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}