DataRoom AM: Rio rumours grow

Rio Tinto shares are expected to jump on news that Glencore is seeking a friendly merger, while software provider Aconex is set to float next month.

Rumours of Glencore’s interest in a landscape-changing merger with Rio Tinto are growing stronger by the week, with the latest reports suggesting the groundwork is being laid for a friendly deal.

Elsewhere, a hectic last quarter appears certain for the IPO market, the future of Fairfax Media’s Domain business remains the subject of plenty of conjecture and Valad Property Group makes moves at home and abroad.

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