Oil and gold are the first things that come to mind when investors think about mining and exploration stocks, but the sector ...
Time — and aluminum values — showed Rio Tinto needed Alcan a lot less than the other way around in their $38 billion deal in ...
When Glencore proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in the ...
The Australian mining giant and the Swiss commodities trader ... In 2007, the company bought Alcan for $38 billion, paying a 65% premium for the Canadian aluminum maker to beat other suitors.
For more than a decade, big M&A has been a taboo subject, the legacy of its disastrous Alcan purchase. Often described as the worst deal in mining history, it soured as aluminum demand slid during ...
If either side needs to compromise on the takeover price to get a transaction done, it’s Glencore that needs to make ...
The Mustang-driving Brad Potter has been a mainstay of the large-cap value equities market. This year, he is swapping ...
By Monday morning, Trump had partially paused the policy. But that hasn’t stopped worries in Alaska. The tariffs could ...
Rio overpaid for its $38bn purchase of Alcan in 2007, which is widely considered one of the worst mining deals ever. “Glencore is born out of a trading culture, so they are a bit more aggressive ...