Rio Tinto has engaged JPMorgan and two other advisers on its potential acquisition of Glencore, a deal that could create the world's largest miner worth over $200-billion, a source with knowledge of the situation told Reuters. The other banks Rio Tinto has engaged are Evercore and Australian financial services group Macquarie, the person said. The roles are highly prized as bankers jostle for a share of potentially more than $100-million in advisory fees that such a deal could generate.
