June 20 (Reuters) - Rio Tinto Ltd (RIO)
- Rio Tinto reconfirms Yancoal as the preferred buyer of Coal & Allied Industries
- recommendation follows consideration by board of proposal from Glencore
- board is recommending Yancoal's proposal
- "believe yancoal's offer to purchase our thermal coal assets for $2.45 billion offers best value and greater transaction certainty for shareholders."
- expects transaction to complete in Q3 of 2017
June 20 (Reuters) - Rio Tinto Ltd (RIO) Rio Tinto reconfirms...
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Last
$5.42 |
Change
-0.060(1.09%) |
Mkt cap ! $7.156B | |||
| Open | High | Low | Value | Volume |
| $5.50 | $5.53 | $5.40 | $5.790M | 1.062M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 761 | $5.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.42 | 6078 | 1 |
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| YAL (ASX) Chart |