Herro Is Confident in Glencore's Capital Allocation

The transcript discusses rumors of an Agri business acquisition by a large agriculture and trading company. It highlights the company's past financial mistakes, particularly excessive debt, and the corrective measures taken in 2015. The focus then shifts to evaluating potential acquisitions and their impact on shareholder returns, emphasizing the importance of price and integration capability. The transcript concludes with confidence in the management's ability to allocate capital effectively, given their significant ownership stakes.

Discuss the significance of the relationship with the Canadian partner mentioned in the text.

What is the role of Glencore's management in capital allocation according to the text?