(Update with Glencore's response to a request for comment.)
Glencore is close to appointing Citigroup's (C) Citigroup Global Markets as its lead investment bank on its potential deal with Rio Tinto (RIO), Reuters reported Monday, citing two people familiar with the matter.
Glencore declined to comment to MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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