The offer is comingHi fromThe telegraph in London UK this AM:
Copper-bottomed deal
Rio Tinto has made an all-cash offer to buy the 49.9pc of Turquoise Hill it doesn’t currently own, valuing the Canadian subsidiary at $2.7bn. Rio said the deal would create a more efficient ownership and governance structure for the Oyu Tolgoicopper mine in Mongolia. The company recently reached an agreement with the government of Mongolia, which owns a 34pc stake in the mine, to move ahead with the project. The balance is controlled by Turquoise Hill, in which Rio has a controlling 50.1pc stake.
I did not see anything else. Trebuh