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Rio Tinto, Turquoise Hill in binding agreement on takeover

Minority shareholders hold out for higher offer

Steven Swindells
Rio says no higher offer for Turquoise Hill

Rio says no higher offer for Turquoise Hill

The binding agreement follows the firms' announcement on September 1 that they had reached an agreement in principle for Rio Tinto to purchase the 49% stake it does not already own in Turquoise Hill which...

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