Glencore is close to appointing Citi as its advisor for merger negotiations with Rio Tinto
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Glonghui, February 3rd|According to Reuters, two sources familiar with the matter revealed that Glencore is about to appoint Citigroup as the lead investment bank for its potential acquisition. According to documents from the London Stock Exchange, Citigroup Global Markets Limited submitted disclosure documents to the UK Takeover Panel in January this year, indicating its association with Glencore in a possible deal with Rio Tinto. Citigroup has a long-standing relationship with Glencore, having advised the miner on several major transactions, including its 2011 initial public offering and the recent acquisition of Teck Resources’ coal business.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Euro: 1.150 target nears on Fed risk against US Dollar – ING
FXStreet•2026/09/16 09:18
Arete Adjusts Price Target on Meta Platforms to $806 From $735, Keeps Buy Rating
MT newswire•2026/09/16 09:18
Euro Credit Default Protection Costs Decline as Markets Stabilize -- Market Talk
Dow Jones•2026/09/16 09:16
WTI falls near $100 as Saudi adds Oman route, US stocks surge
FXStreet•2026/09/16 09:12
Crypto prices
MoreBitcoin
BTC
$75,747.3
-1.54%
Ethereum
ETH
$2,400.16
-3.00%
Tether USDt
USDT
$0.9991
-0.05%
BNB
BNB
$707.54
-1.28%
XRP
XRP
$1.28
-8.02%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$97.1
-3.45%
TRON
TRX
$0.3346
-0.96%
Zcash
ZEC
$1,184.74
+3.58%
Hyperliquid
HYPE
$77.74
-1.35%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now