Rio Tinto share price steadies near highs as Glencore deal clock ticks toward Feb. 5
Rio Tinto shares rose 1.39% to 6,576 pence Friday after a sharp fall the previous day. The company faces a Feb. 5 deadline to announce a firm offer for Glencore or withdraw, as required by the UK Takeover Code. Full-year results are due Feb. 19. BlackRock disclosed an 8.39% stake in Rio Tinto.