RIO News: Rio Bid for Turquoise Hill Stake Too Low, Says Top Five Investor - 2nd Sep 2022, 10:12am

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(Bloomberg) -- Sailingstone Capital Partners LLC, the fifth-biggest investor in Turquoise Hill Resources Ltd, says it will oppose Rio Tinto Group’s bid to buy the company for $3.3 billion, claiming the offer is well below the giant miner’s own valuation of the company.

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