Monday, 6 October 2014

Rio Tinto confirms it rejected Glencore takeover bid



The Anglo-Australian mining group Rio Tinto has confirmed that it rejected a takeover bid by rival firm Glencore in July 2014, because it was "not in the best interests" of its shareholders. Speculation of a possible merger had caused shares in Rio Tinto to rise dramatically on Monday. via Pocket http://ift.tt/1xYar9H

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