Rio Tinto Hydro terminates offer

Rio Tinto Plc

Rio Tinto (LON:RIO) has been informed by Hydro that it has withdrawn its offer to acquire the ISAL smelter in Iceland, its 53.3 per cent share in the Aluchemie anode plant in the Netherlands and its 50 per cent share in the Aluminium fluoride plant in Sweden, announced on 26 February 2018. Following initial feedback from the European Commission (EC), Hydro has withdrawn its EC merger filing and terminated the transaction.

You might also enjoy reading  Rio Tinto completes sale of Cortez Gold royalty for $525 million

Good news travels fast (but only if you make that happen). Share on:

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on reddit
Reddit

AIM All Share Index