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Bloomberg reported that Rio Tinto (NYSE:RIO) has sent out a signal to analysts that it’s ready to resume mergers and acquisitions.
Bloomberg reported that Rio Tinto (NYSE:RIO) has sent out a signal to analysts that it’s ready to resume mergers and acquisitions.
As quoted in the market news,
The company is prepared to look for a deal if it can secure the right asset at the correct valuation and win investor backing, Morgan Stanley said after an analysts’ meeting this week with Chief Financial Officer Chris Lynch.