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Friday, June 17, 2011

Tata Steel Ltd Sells 26.27% Stake In Riversdale Mining Ltd To Rio Tinto Ltd For $1.11 Billion

Date:16/6/11,
M&A,
Cross Broder,

Tata Steel Ltd sells 26.27% Stake in australian securities exchange listed coal miner, Riversdale Mining Ltd to Rio Tinto Ltd for $1.11 Billion. Rio Tinto Ltd increases 73.2% to100% stake in Riversdale Mining Ltd. As a result of deal Tata Steel Ltd exit from Riversdale Mining Ltd.

In April 2011,
Rio Tinto Ltd, British Australian mining majo acquires 73.2% stake in Riversdale Mining Ltd.
Posted by Baigalla madhan at 9:09 AM

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HI I'am Baigalla Madhan behalf of (Universalfacts) My Blog, provides complete information of online financials data services which includes ,,, Private Equity (Asset Managers) (Investments), Venture Capital (Asset Managers) (Investments), M&A, IPO, Funds (Private Equity and Venture Capital Funds), Deals (Private Equity deals, Venture Financing Deals (series A to G), Strategic and M&A Deals), Limited Partners, Advisors Firms, Public Equity, Financials Reports...

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