Citi Nears Role as Lead Adviser as Rio Tinto-Weighed Bid for Glencore Advances
Citigroup Global Markets Inc. has been identified in London Stock Exchange filings as connected to Glencore Plc in relation to a possible approach by Rio Tinto, and people familiar with the matter say the bank is close to being engaged as Glencore's lead adviser. The move comes as advisors jockey for roles on a potential deal that could create a mi…