Rio Gets Canadian Bureau Clearance for Hathor Takeover Bid
Nov. 23, 2011 01:37PM PST
Energy InvestingBloomberg reported Rio Tinto Group (NYSE:RIO) received clearance from the Canadian Competition Bureau to buy uranium miner Hathor Exploration Ltd. (TSX:HAT).
Bloomberg reported Rio Tinto Group (NYSE:RIO) received clearance from the Canadian Competition Bureau to buy uranium miner Hathor Exploration Ltd. (TSX:HAT).
As quoted in the market news:
The Commissioner of Competition issued a “no action letter” certifying compliance with all requirements of Canada’s Competition Act, the London-based company said today in a statement. There are no other regulatory reviews of the transaction, said Karen Halbert, a spokeswoman for Rio in Melbourne.
Click here to read the full Bloomberg report.