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TRQ / Rio Tinto makes improved offer for Turquoise Hill

Rio Tinto makes improved offer for Turquoise Hill
Rio Tinto PLC (LSE:RIO) has submitted an “improved non-binding proposal” to acquire the remaining stake in Turquoise Hill that the miner does not already own. According to a statement, the new proposal values the Canadian mineral exploration company's 49% stake at roughly US$3.1bn (C$4.02bn), meaning shareholders would receive C$40 per share, representing an 18% premium to Rio Tinto's initial offer. Read More
Posted: Aug 24 2022, 09:49
Author Name: Proactive Investors
Views: 092176

TRQ News  

Rio Tinto completes $3.1 billion acquisition of Turquoise Hill

By Kitco
December 16, 2022

Rio Tinto completes $3.1 billion acquisition of Turquoise Hill

(Kitco News) - Rio Tinto Chief Executive Jakob Stausholm said “Oyu Tolgoi is an outstanding asset with incredible people that will deliver significa more_horizontal

Turquoise Hill's Friday vote on Rio Tinto takeover bid is hard to call

By Reuters
December 9, 2022

Turquoise Hill's Friday vote on Rio Tinto takeover bid is hard to call

Shareholders in Canada's Turquoise Hill will on Friday vote on a Rio Tinto $3.3 billion takeover offer that aims to give the Anglo-Australian miner mo more_horizontal

Turquoise Hill to Announce Third Quarter Financial Results on November 14, 2022

By Business Wire
November 10, 2022

Turquoise Hill to Announce Third Quarter Financial Results on November 14, 2022

MONTREAL--( BUSINESS WIRE )--Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) will announce its third more_horizontal

Turquoise Hill: Rio Tinto Deal Seems Likely To Close, Spread Remains Wide

By Seeking Alpha
September 6, 2022

Turquoise Hill: Rio Tinto Deal Seems Likely To Close, Spread Remains Wide

Rio Tinto signed a material definitive agreement to acquire an additional 15% of outstanding shares of Turquoise Hill Resources. The deal type and sta more_horizontal

Turquoise Hill minority shareholder 'not interested' in Rio Tinto's $3.3 billion offer

By Reuters
September 1, 2022

Turquoise Hill minority shareholder 'not interested' in Rio Tinto's $3.3 billion offer

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 Ca more_horizontal

Rio Tinto buys the remaining Turquoise Hill shares

By Kitco
September 1, 2022

Rio Tinto buys the remaining Turquoise Hill shares

(Kitco News) - U.K. listed mining firm Rio Tinto (RIO:LSE) has confirmed it will acquire the remaining Turquoise Hill shares for $3.3bn. Turquoise Hil more_horizontal

Rio Tinto agrees to $3.3 billion deal for rest of Turquoise Hill

By Reuters
September 1, 2022

Rio Tinto agrees to $3.3 billion deal for rest of Turquoise Hill

(Reuters) -Rio Tinto on Thursday reached an in-principle agreement to buy the rest of Canadian firm Turquoise Hill Resources for $3.3 billion, which g more_horizontal

Rio Tinto makes improved offer for Turquoise Hill

By Proactive Investors
August 24, 2022

Rio Tinto makes improved offer for Turquoise Hill

Rio Tinto PLC (LSE:RIO) has submitted an “improved non-binding proposal” to acquire the remaining stake in Turquoise Hill that the miner does not more_horizontal


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