The path is open for Rio Tinto (RIO) to take over Canada's Ivanhoe Mines (IVN), in which it...


The path is open for Rio Tinto (RIO) to take over Canada's Ivanhoe Mines (IVN), in which it already owns 49%, after an arbitrator ruled that Ivanhoe's "poison pill" takeover defense doesn't apply to Rio. Controlling Ivanhoe, which is worth $15.3B, will give Rio a majority stake in the massive Oyu Tolgoi copper and gold project in Mongolia.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs