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(Reuters) - A minority shareholder of Turquoise Hill Resources Ltd said on Friday it does not support Rio Tinto's latest sweetened offer to buy the rest of the Canadian miner for $3.3 billion.
Mining giant Rio Tinto, which owns a majority stake in Turquoise Hill, on Thursday reached an in-principle agreement to buy a 49% stake in Turquoise Hill for C$43 per share.
California-based SailingStone Capital Partners, which owns a 2.16% stake in Turquoise Hill, said the cash offer for the stake does ...
>>> Read more: Turquoise Hill minority shareholder 'not interested' in Rio Tinto's $3.3 billion offer
Mining giant Rio Tinto, which owns a majority stake in Turquoise Hill, on Thursday reached an in-principle agreement to buy a 49% stake in Turquoise Hill for C$43 per share.
California-based SailingStone Capital Partners, which owns a 2.16% stake in Turquoise Hill, said the cash offer for the stake does ...
>>> Read more: Turquoise Hill minority shareholder 'not interested' in Rio Tinto's $3.3 billion offer
