(EnergyAsia, August 10 2011, Wednesday) — Rio Tinto Group, the world’s second-biggest mining company, and Japan’s Mitsubishi Corp said they are jointly offering A$1.49 billion for the remaining 14.09% stake in Coal & Allied Industries Ltd (CNA) they don’t own to take the Australian coal miner private. UK-headquartered Rio Tinto, which own a 75.71% stake,…
AUSTRALIA: Rio Tinto, Mitsubishi offer A$1.49 billion for remaining 14.09% stake in Coal & Allied Ltd
Posted on August 10, 2011 by EnergyAsia