TECHNOLOGY

Sam can sleep well while Glencore deals with debt

RIO Tinto's Sam Walsh may sleep a little more easily tonight as the possible threat of a takeover by voracious commodities trader Glencore seems all but over as the Swiss-based giant – like everyone else – feels the metals prices slump.

Barry Avery
Glencore chief executive Ivan Glasenberg.

Glencore chief executive Ivan Glasenberg.

On-going speculation about the commodity giant’s designs – an all-scrip ‘merger of equals’ – on Rio Tinto will take a rest for the time being, following Glencore’s announcement that it would scrap its...

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