Reported 1 day ago
Glencore has expressed its willingness to pursue mergers and acquisitions that benefit its shareholders, positioning itself as a leading copper producer amid growing demand for the metal. Despite a failed merger proposal with Rio Tinto and challenges in the mining sector, Glencore's lower valuation compared to peers may make it an attractive acquisition target. The company's strategy, which includes maintaining significant coal operations, diverges from other miners, raising concerns about cultural fit in potential mergers.
Source: YAHOO