Skip to main content
Holiday Sale — Get 40% off Vantage for yourself or as a gift
Get Started
SubscribeLogin
Published • loading... • Updated

Rio Tinto to treat all minority shareholders the same in Turquoise Hill takeover deal after AMF cries foul

Summary by Ground News
Rio Tinto PLC says it will no longer offer preferential treatment to one set of minority shareholders in its proposed takeover of Turquoise Hill Resources Ltd. The giant Anglo-Australian miner is offering to buy the 49 per cent it doesn't already own. The development casts new uncertainty over whether the deal succeeds in this shareholder vote, as the dissenting shareholders no longer agreed to withhold their votes.

2 Articles

Financial PostFinancial Post
Lean Right

Rio Tinto terminates deals with dissident Turquoise Hill shareholders a week after Quebec watchdog raises concerns

The terminations come a week after Quebec’s securities regulator said that the deals raised 'public interest concerns.'

·Canada
Read Full Article
The Globe & MailThe Globe & Mail
Center

Rio Tinto to treat all minority shareholders the same in Turquoise Hill takeover deal after AMF cries foul

Rio Tinto has been unable to reach an agreement with Turquoise Hill about how to balance the preferential treatment extended to one set of minority shareholders

·Canada
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center, 50% of the sources lean Right
50% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

The Globe & Mail broke the news in Canada on Thursday, November 17, 2022.
Too Big Arrow Icon
Sources are mostly out of (0)
Blindspot Title And Logo
Stories disproportionately reported by the Left or the Right

Similar News Topics

Rio Tinto icon

Rio Tinto

Quebec icon

Quebec

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal