AUSTRALIAN analysts say Glencore’s plan for a secondary listing on the ASX could pave the way for future mergers and acquisitions. The listing plan comes as a six-month standstill on merger talks with Rio Tinto expires, Reuters reports. “This listing could also make it easier for Glencore to pursue large M&A with Australian-listed companies,” Jefferies analysts said. Analysts note Australian investors have had fewer domestic copper opportunities as dealmaking has reduced options. Nagle said Australia offered “a highly sophisticated investor base,” with the listing requiring no capital raising and costing Glencore relatively little.