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Rio Tinto stock price ticks up as takeover filings sharpen focus ahead of Glencore deadline

Summary by ts2.tech
London, Jan 28, 2026, 08:06 GMT — Regular session Shares of Rio Tinto plc edged higher in early London trading Wednesday as investors digested new takeover-code disclosures related to potential merger talks with Glencore. The stock last traded up roughly 0.5% at 6,762 pence. (Investing.com) The key issue now is timing. Rio Tinto revealed earlier this month it has until 5 p.m. London time on Feb. 5 to declare a firm intention to bid for Glencore …
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With 1080 employees at its headquarters in Baar, Glencore is the second largest company in Switzerland (behind TotalEnergy in Geneva) and one of the largest taxpayers in the Canton of Zug. Of the $7.6 billion in taxes, royalties and other levies that the heavyweight claimed to have paid in 2024, 860 million would have been paid in Switzerland, according to the German press (a figure the firm does not confirm), so a move would not be without cons…

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ts2.tech broke the news in on Wednesday, January 28, 2026.
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