Nov 1 (Reuters) - Canadian miner Turquoise Hill Resources Ltd TRQ.TO said on Tuesday it would delay by a week to Nov. 8 a special shareholder meeting to vote on a proposed takeover by Rio Tinto Plc RIO.L (RIO) following a request from the mining giant.
Rio has proposed a $3.3 billion deal for Turquoise Hill shares it does not already own, seeking a 66% stake in Oyu Tolgoi in Mongolia, the world's largest known copper and gold deposits.
Rio raised its offer to C$43-per-share but still faces opposition from multiple parties including Turquoise Hill's second-largest shareholder Pentwater Capital Management, as well as proxy advisor Institutional Shareholder Services (ISS). (([email protected] Twitter: https://twitter.com/ruhithere))
News: RIO Turquoise Hill delays shareholder meet on $3.3 bln Rio Tinto buyout
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Last
$114.60 |
Change
0.360(0.32%) |
Mkt cap ! $42.40B | |||
| Open | High | Low | Value | Volume |
| $114.00 | $114.72 | $113.56 | $28.35M | 249.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 95 | $114.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $114.68 | 120 | 5 |
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| Last trade - 10.09am 12/09/2025 (20 minute delay) ? |
| RIO (ASX) Chart |