Turquoise Hill delays vote on Rio Tinto acquisition indefinitely, as Quebec regulator studies side deal with dissidents

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Turquoise Hill delays vote on Rio Tinto acquisition indefinitely, as Quebec regulator studies side deal with dissidents
France Dernières Nouvelles,France Actualités

The AMF, Quebec’s top securities regulator, is examining the legality of a deal Rio Tinto cut with dissident shareholders

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as Quebec’s top securities regulator studies whether a side deal that Rio cut with dissident shareholders is legal.

The development casts a whole new layer of uncertainty over a huge mining takeover that has captivated the industry and caused turmoil for merger and arbitrage traders.

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