BHP stock edges up as Rio-Glencore merger talks jolt miners; what investors watch next
BHP shares closed up 0.8% at A$47.72 after Rio Tinto and Glencore confirmed early takeover talks that could challenge BHP’s market value lead. Rio has until Feb. 5 to make a formal offer. BHP released no new announcements this week. Investors await BHP’s operational update later this month.