BHP stock slides as Rio-Glencore deal talk puts miners back in play
BHP shares fell 2.5% to A$46.51 on the ASX Monday as speculation over a potential Rio Tinto-Glencore merger renewed focus on BHP’s next move in copper. Investors are watching BHP’s operational review set for Jan. 20 and the Feb. 5 deadline for a Rio-Glencore bid. BHP declined to comment on takeover speculation or CEO succession.