0929 GMT - Glencore's planned secondary listing in Australia could set the scene for large M&A deals, BofA analysts write. This is because the listing might make the country's investors more familiar with the commodity giant, they say. Large-cap miners BHP and Rio Tinto are currently listed in Australia on the Australian Securities Exchange, or ASX. Glencore's shares trade flat at 573.7 pence.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments