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Rio Tinto (ASX:RIO) and Glencore (LON:GLEN) in Preliminary Merger Talks to Create BHP Competitor
05 Feb 2025 04:28 GMT
… competitor to industry leader BHP. However, the discussions … its Melbourne-based counterpart BHP, to surpass the $100 … it bought Canadian aluminum giant Alcan for $38 billion, paying … five largest diversified mining companies—BHP, Rio Tinto, Glencore, …
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Rio Tinto, BHP \u0026 Glencore 'Feeling the Pinch on Copper'
30 Sep 2024 09:25 GMT
… diversified miners, including Rio Tinto, BHP Group, and Glencore, are feeling … dropped more in comparison."
BHP Group, Rio Tinto, and … s $38 billion deal for Alcan in 2007 commanded a 65% … in a subsequent writedown. Similarly, BHP's $12 billion …
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Monsters of Rock: Market awaits patient BHP as deal deadline nears
22 May 2024 07:01 GMT
… $38 billion 2007 purchase of Alcan, could come down to the … world’s largest metal market.
BHP only wants incremental growth in … Minas Rio asset attractive to BHP because its high grade iron … about their existence. Unlike Anglo, BHP wants the coal mines, which …
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Remaking BHP: the chairman and the $64 billion deal
17 May 2024 23:55 GMT
… to Rio Tinto for its Alcan packaging assets, which made … wrappers to cigarette cartons.
“Alcan was a carefully managed deal … two decades after BHP bought South Africa’s Billiton in what … and the Oz Minerals acquisition BHP’s portfolio remained structurally …
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Anglo American rejects BHP’s $60b bid for copper supremacy
26 Apr 2024 06:23 GMT
… ,” he said.
BHP faces a delicate choice.
BHP shareholder Raaz Bhuyan … of big deals ever since Alcan (and) Vale seems to … principal Mr Bhuyan said BHP had been well-disciplined around … overcoming any antitrust barriers to BHP’s acquisition.
Wood Mackenzie …
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Rio Tinto and Glencore discuss potential merger
16 Jan 2025 21:46 GMT
… with its Melbourne-based neighbour BHP the distinction of being … In 2007, the company bought Alcan for $38 billion, paying a … years as the cycle turned, Alcan-related writedowns ballooned to a … was in 2008 when then BHP Billiton attempted to take over Rio …
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BHP Billiton : new chairman built reputation on Amcor turnaround
16 Jun 2017 02:16 GMT
… pounds) acquisition of the Alcan packaging businesses and pushed through … to succeed Jac Nasser as BHP chairman from Sept. 1, … roadmap for change, accusing the BHP board of approving " … Investments, a shareholder in both BHP and Amcor.
Still, MacKenzie, …
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BHP investors tell chairman what they really think
20 Oct 2017 23:55 GMT
The freshly minted chairman of BHP, Ken MacKenzie, has travelled … in garnering shareholder support forced BHP to announce it would … Elliott has made which BHP is resisting.
BHP chief executive Andrew … in Mozambique in 2011 or Alcan for $US38 billion in 2007 …
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BHP shareholders tell chairman MacKenzie what they really think
20 Oct 2017 13:43 GMT
…
The freshly minted chairman of BHP, Ken MacKenzie, has travelled … in garnering shareholder support forced BHP to announce it would … Elliott has made which BHP is resisting.
BHP doesn't … 2011 or Alcan for $US38 billion in 2007.
The story BHP shareholders …