Rio and Glencore walk away from A$374b merger
After four attempts, the companies have walked away from merger talks after failing to agree on price.
Glencore would have had 40% of the combined company, but Rio was not prepared to give up that much.
Plans to create a A$347 billion ($435b) mining giant through the merger of Rio Tinto and rival Glencore have been abandoned, with the two companies at odds over the deal pricing.
The collapse in the most recent talks is the fourth time the two miners have explored a merger, with Rio Tinto telling
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