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Turquoise Hill shareholders last week voted in favour of Rio Tinto's $3.3 billion bid to take the Canadian company private after months of back and forth. Minority shareholders were against the deal over valuation, and no. 2 shareholder Pentwater Capital Management accused Rio of concealing delays and huge cost overruns at Oyu Tolgoi.
MONTREAL, December 16, 2022--Turquoise Hill Announces Completion of the Arrangement with Rio Tinto
MONTREAL, December 14, 2022--Turquoise Hill Announces Receipt of Final Order for Arrangement with Rio Tinto