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the only method you've synergies is when you have overlapping functions like BHP and Rio had in the Pilbara. This is not the scenario here. I dont assume Glencore may afford to pay for that premium. The Glencore take care of Rio Tinto might have been the industrys largest. It usurp BHP Billiton, with considerable production of coal copper and ore, and would produce the biggest mining corporation, worth more than $160 million. Glencore abandoned the bid on Oct. 7 after it had been rebuffed by Rio Tinto. In terms of a combination of equals, can it be great for Glencore? Its very great, Calderon stated. Can it be great for Rio Tinto investors? Its unlikely. They have the possessions that are higher.

Rio wont declareyes` to Glencore without 30% premium - EXPLORATION FUND / EXPENSE - Mineweb

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