Rio Tinto share price: Glencore taps Citi as Feb. 5 takeover clock ticks
Shares in Rio Tinto looked set for another volatile session in London on Tuesday after reports surfaced that Glencore is nearing a deal to appoint Citigroup as its lead adviser for merger negotiations. The deadline for a takeover is Feb. 5. On Monday, Rio Tinto closed up 0.95% at 6,802 pence.