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MrWhy.com » Videos » Rio Tinto to Acquire Additional Stake in Ivanhoe Mines |
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Rio Tinto to Acquire Additional Stake in Ivanhoe Mines
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Rio Tinto to Acquire Additional Stake in Ivanhoe Mines
Rio Tinto (RIO) said today it is exercising its remaining warrants to purchase Ivanhoe Mines (IVN) shares, under an agreement made in December 2010. The warrants entitle Rio Tinto to acquire more than 55 million shares at an average price of $9.10 per share, for a total consideration of $502 million.
Video Length: 0
Date Found: June 21, 2011
Date Produced: June 21, 2011
View Count: 0
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