SYDNEY, June 26 (Reuters) - Rio Tinto (RIO)
on Monday confirmed Yancoal Australia (YAL) as the preferred buyer for its Australian Coal & Allied unit after the China-backed company lifted its offer to $2.69 billion to top a rival bid from Glencore . "The revised offer from Yancoal of $2.69 billion offers compelling value to our shareholders for our Australian thermal coal assets," Rio Tinto Chief Executive Jean-Sebastien Jacques said in a statement.
Glencore on Friday had raised its offer to $2.675 billion in cash, looking to displace Yancoal's earlier offer of $2.45 billion.
SYDNEY, June 26 (Reuters) - Rio Tinto (RIO) on Monday confirmed...
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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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| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| RIO (ASX) Chart |