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Rio Tinto (RIO) has scraped together a 49.49% stake (.pdf) in Riversdale Mining (RFLMF.PK),...

Rio Tinto (RIO) has scraped together a 49.49% stake (.pdf) in Riversdale Mining (RFLMF.PK), crossing the 47% threshold that will allow Rio to pay a sweetened A$16.50/share. Major Riversdale shareholders Tata Steel (TATLY.PK) and CSN have held onto their combined 47% stake.
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