25

Aug

Australia approves Chinalco’s stake in Rio Tinto

Posted by   Published in Aftermarket

SYDNEY, Australia (AP) — Australia has approved Aluminum Corp. of China Ltd.'s stake in miner and takeover target Rio Tinto Ltd., Treasurer Wayne Swan said Sunday.
Swan said he approved the Chinese state-owned company's acquisition

of up to 14.

Original post by Chuck Squatriglia

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