Rio Tinto Said to Be Open to Owning Coal If It Buys Glencore

Rio Tinto Group is open to retaining Glencore Plc’s massive coal business if merger talks between the two companies are successful, according to people familiar with the matter.

By Thomas Biesheuvel, Dinesh Nair · Bloomberg Markets

Rio Tinto Group is open to retaining Glencore Plc’s massive coal business if merger talks between the two companies are successful, according to people familiar with the matter.