(BHP) RIO Tinto Announced Plans to Acquire Riversdale Mining
By: Stock Blog Hub
Posted on June 26, 2011 at 13:51 PM EDT
Rio Tinto plc (RIO) announced that it plans to acquire the remaining stake in Riversdale Mining Limited. by exercising its right under section 661A (1) of the Australian Corporations Act. Currently, the company has a 99.76% stake in Riversdale through its wholly owned subsidiary Rio Tinto Jersey Holdings 2010 Limited. Recently, Indian Steel major Tata [...] (BHP) RIO Tinto Announced Plans to Acquire Riversdale Mining
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