M&A

Rival takeover not on the cards: analysts

ALUMINIUM Corporation of China and Alcoa's share swoop on Rio Tinto has more to do with taking a seat at the bargaining table rather than a move towards a possible rival takeover bid, according to analysts.

MiningNews.Net
Rival takeover not on the cards: analysts

Chinalco and Alcoa - through a Singapore-based investment company - snapped up a combined 12% stake of Rio for $US14 billion ($A15.5 billion) on Friday, equating to a 9% stake in its global operations...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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