Rio Tinto (NYSE:RIO) said Tuesday it has taken up its full entitlement in the recent rights issue by Energy Resources of Australia, increasing its stake in the company to more than 98%.
Diversified miner Rio Tinto has taken up its full entitlement in the recent rights issue by Energy Resources of Australia (ERA), increasing its shareholding in the company to more than 98%.
In accordance with Rio Tinto’s previously stated intentions published in ERA’s entitlement offer information booklet, Rio Tinto intends to proceed under Part 6A.2 of the Corporations Act 2001 (Cth ...
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