June 9 (Reuters) - Miner and trader Glencore Plc
said on Friday it had submitted a proposal to buy Australian miner Rio Tinto's (RIO) stake in Coal & Allied Industries Ltd for $2.55 billion in cash. Glencore said the deal would be funded from existing cash resources and would be paid in two stages. (http://bit.ly/2t3dZYV)
Glencore also said that it plans a possible sale of up to 50 percent of its interest in Coal & Allied Industries.
News: Glencore to buy Rio Tinto's stake in Coal & Allied for $2.55 bln
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Last
$115.79 |
Change
-0.545(0.47%) |
Mkt cap ! $43.00B | |||
| Open | High | Low | Value | Volume |
| $115.67 | $115.99 | $115.10 | $44.67M | 385.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23 | $115.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $115.79 | 372 | 16 |
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| Last trade - 13.05pm 18/09/2025 (20 minute delay) ? |
| RIO (ASX) Chart |