Rio Tinto’s plan to take direct ownership of a copper mine in Mongolia has hit the buffers after its $2.7bn buyout proposal was rejected.
Turquoise Hill Resources said a special committee had “terminated” its review of Rio’s C$34 per share cash offer, saying it did not “fully and fairly reflect” the value of its holding in Oyu Tolgoi.
“A transaction at the price proposed by Rio Tinto would not fairly compensate minority shareholders for the fundamental, long-term value of the company’s interest in Oyu Tolgoi,” said Maryse Saint-Laurent, chair of the special committee.
您已閱讀22%（572字），剩余78%（1981字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。