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Published 1 year ago

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.

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