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Rio Tinto plc RIO has entered into a binding agreement with Turquoise Hill to acquire the remaining 49% stake in the latter. Following the completion of the deal, RIO can hold a 66% interest in Oyu Tolgoi, one of the worldâs largest known copper and gold deposits.
The independent directors of Turquoise Hill unanimously recommended that minority shareholders vote in favor of the C$43 per share offer. Also, senior officers at Turquoise Hill entered into voting support agreements with respe...
>>> Read more: Rio Tinto (RIO) Proceeds for Full Ownership of Turquoise Hill
The independent directors of Turquoise Hill unanimously recommended that minority shareholders vote in favor of the C$43 per share offer. Also, senior officers at Turquoise Hill entered into voting support agreements with respe...
>>> Read more: Rio Tinto (RIO) Proceeds for Full Ownership of Turquoise Hill
