Tags: rio | tinto | riversdale | minerals | mining | merger | acquisition

Rio Tinto in Talks to Buy Riversdale Mining

Sunday, 05 Dec 2010 03:50 PM

Rio Tinto Plc is in talks to buy Riversdale Mining Ltd. for about A$15 a share, the Daily Telegraph in the U.K. reported. Any deal to buy Australia-listed Riversdale, which has coal-mining projects in Africa, isn’t certain to be completed, the newspaper said, citing people familiar with the matter. Riversdale shares closed at A$14.10 on Dec. 3 in Sydney.

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Rio Tinto Plc is in talks to buy Riversdale Mining Ltd. for about A$15 a share, the Daily Telegraph in the U.K. reported. Any deal to buy Australia-listed Riversdale, which has coal-mining projects in Africa, isn t certain to be completed, the newspaper said, citing people...
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2010-50-05
Sunday, 05 Dec 2010 03:50 PM
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