Global miner Rio Tinto has received acceptances for 30.6% of shares in its USD 3.9 billion takeover target Riversdale, it said on Wednesday, after increasing its offer for the Mozambique-focused coal miner last week.
The offer is conditioned on Rio Tinto reaching 50.1% control by March 23.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
