Glencore Tops Survey of European Targets as M&A Catches Fire

Glencore Plc tops the list of European companies identified by M&A experts as potential takeover targets for 2026 as dealmaking activity roars out of the gate this year.

Glencore, which is in talks with Rio Tinto Group to create the world’s biggest mining company, was tipped eight times in an informal Bloomberg survey of 30 risk-arbitrage desks, traders and analysts conducted this month. Companies in a broad range of sectors emerged from the poll, reflecting how suitors are casting a wider net as the global economy gains momentum.