June 26 (Reuters) - Rio Tinto Plc RIO.L :
- Confirms Yancoal as preferred buyer of its thermal coal assets in Australia given high level of completion certainty and a further improved offer of $2.69 billion
- "Revised offer from Yancoal of $2.69 billion offers compelling value to our shareholders for our Australian thermal coal assets"- Rio Tinto CEO
- Yancoal's most recent offer includes increased break fee amount provided by Yancoal's parent company, Yankuang, from $100 million to $225 million
- "Believe it is in best interests of our shareholders to take greater certainty of Yancoal's strong proposal"- Rio Tinto CEO
- Board considered both of latest offers; recommending Yancoal's improved offer to shareholders
June 26 (Reuters) - Rio Tinto Plc RIO.L : Confirms Yancoal as...
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Last
$116.33 |
Change
-1.160(0.99%) |
Mkt cap ! $43.18B | |||
| Open | High | Low | Value | Volume |
| $117.30 | $117.36 | $115.47 | $141.7M | 1.218M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4546 | $116.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.34 | 57 | 1 |
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| RIO (ASX) Chart |