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    Rio Tinto Won't Focus on M&A

    Teresa Matich
    Jul. 04, 2016 09:04AM PST
    Base Metals Investing

    Rio Tinto (NYSE:RIO) will not be focusing on mergers and acquisitions under the leadership of Jean-Sebastien Jacques, Mining Weekly reported. Jaques told the publication: M&A is not on the top of the agenda today. We have been very clear with the shareholders and the market that unless we see a way which creates value for our …

    Rio Tinto (NYSE:RIO) will not be focusing on mergers and acquisitions under the leadership of Jean-Sebastien Jacques, Mining Weekly reported.
    Jaques told the publication:

    M&A is not on the top of the agenda today. We have been very clear with the shareholders and the market that unless we see a way which creates value for our shareholders, so the right price, we will not do it.

    Click here for the full article.

     

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