RIO News: Rio Tinto and Turquoise Hill reach agreement in principle for Rio Tinto to acquire full ownership of - 1st Sep 2022, 2:00pm

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LONDON, September 01, 2022--(BUSINESS WIRE)--Rio Tinto and Turquoise Hill Resources Ltd. ("Turquoise Hill") have reached an agreement in principle for Rio Tinto to acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto does not currently own for C$43 per share in cash (the "Transaction"). The agreement has the unanimous approval of the independent Special Committee of Turquoise Hill’s Board of Directors (the "Special Committee"), and value...

>>> Read more: Rio Tinto and Turquoise Hill reach agreement in principle for Rio Tinto to acquire full ownership of Turquoise Hill for C$43 per share in cash