turquoise hill resou

Turquoise Hill Resources was bought out by Rio Tinto in December 2022 and is no longer publicly traded. Rio Tinto acquired the ~49% of Turquoise Hill it didn’t already own for C$43.00 cash per share, a 67% premium to Turquoise Hill’s price before Rio’s initial proposal. Shareholder approval: Turquoise Hill shareholders approved the plan of arrangement on December 9, 2022 (incl. a majority-of-minority vote).