ICVL not to bid for Australian miner Riversdale

The consortium of Indian PSU companies - International Coal Ventures Limited (ICVL), has decided to not bid for Australian mining major Riversdale and not counter Rio Tinto’s USD 3.9 billion offer, reports CNBC-TV18’s Mehak Kasbekar.

January 28, 2011 / 10:42 IST
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The consortium of Indian PSU companies - International Coal Ventures Limited (ICVL), has decided to not bid for Australian mining major Riversdale and not counter Rio Tinto

first published: Jan 27, 2011 10:15 pm

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