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Dec 9 (Reuters) - Shareholders of Canada's Turquoise Hill on Friday voted in favour of Rio Tinto's $3.3 billion bid to take it private and gain direct control over a giant Mongolian copper mine.
Turquoise Hill said 86.6% voted to approve Rio Tinto acquiring 49% of shares that it does not already own, giving the Anglo-Australian miner a 66% stake in Oyu Tolgoi, the world's largest known copper and gold deposit.
The deal was also approved by about 60.5% of the votes from minor...
>>> Read more: UPDATE 2-Turquoise Hill shareholders approve Rio Tinto's $3.3 bln buyout bid
Dec 9 (Reuters) - Shareholders of Canada's Turquoise Hill on Friday voted in favour of Rio Tinto's $3.3 billion bid to take it private and gain direct control over a giant Mongolian copper mine.
Turquoise Hill said 86.6% voted to approve Rio Tinto acquiring 49% of shares that it does not already own, giving the Anglo-Australian miner a 66% stake in Oyu Tolgoi, the world's largest known copper and gold deposit.
The deal was also approved by about 60.5% of the votes from minor...
>>> Read more: UPDATE 2-Turquoise Hill shareholders approve Rio Tinto's $3.3 bln buyout bid
