Rio Tinto’s (RIO) discussions to purchase Glencore (GLNCY) has put BHP (BHP) under pressure to respond, Anousha Sakoui, Clara Denina, Melanie Burton, and Amy-Jo Crowley of Reuters reports. If the deal goes through, it could be among the largest 10 marketing and acquisition deals, which could drive massive deals in 2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIO:
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- Mega Merger Alert! Rio Tinto and Glencore Enter Early-Stage Talks to Form a $207B Mining Giant
- Rio Tinto confirms preliminary combination talks with Glencore
- Glencore confirms preliminary talks with Rio Tinto about possible combination
- Glencore, Rio Tinto resume talks on mining megadeal, FT reports