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(Bloomberg) -- Sailingstone Capital Partners LLC, the fifth-biggest investor in Turquoise Hill Resources Ltd, says it will oppose Rio Tinto Groupâs bid to buy the company for $3.3 billion, claiming the offer is well below the giant minerâs own valuation of the company.
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>>> Read more: Rio Bid for Turquoise Hill Stake Too Low, Says Top Five Investor
Most Read from Bloomberg
Lukoil Chairman Ravil Maganov Dies After Falling From Hospital Window Putin Brings China and India to Russia for War Games Defying US Global Bonds Tumble Into Their First Bear Market in a Gener...
>>> Read more: Rio Bid for Turquoise Hill Stake Too Low, Says Top Five Investor