Glencore’s Glasenberg, once the hunter, now the hunted
It must be tempting for #RioTinto Chief Executive #SamWalsh to contemplate whether he should buy #Glencore, almost a year after fending off an unwelcome approach from his now beleaguered rival.
When Glencore boss #IvanGlasenberg mooted a deal with Rio Tinto in July last year, the shares were trading around 344 pence ($5.19), while those of Rio Tinto were around 3,244 pence.
Read more at: http://uk.reuters.com/article/2015/09/29/column-russell-glencore-riotinto-idUKL3N11Z1KD20150929