首页|Rio Tinto makes proposal to take over Oyu Tolgoi
Rio Tinto makes proposal to take over Oyu Tolgoi
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NSTL
On March 14, Rio Tinto announced a non-binding proposal made to Turquoise Hill Resources, offering to buy the 49 per cent of the company's shares it does not already own. The proposed transaction would compensate minority shareholders of the Cana- dian company at the price of $34 a share in cash, representing a 32 per cent premium on the share value, for a total US$2.7 billion value. Both companies already work together closely on the Oyu Tolgoi mine in the South Gobi Desert in Mongolia, with Turquoise Hill owning a 66 per cent interest in the mine.
NSTL
