Thu Mar 17, 2011 11:19pm GMT
SYDNEY, March 18 (Reuters) - Rio Tinto has received acceptances for 33.04 percent of shares in its $3.9 billion takeover target Riversdale , the global miner said on Friday, after raising its offer for the Mozambique-focused coal miner last week.
The offer is conditional on Rio Tinto reaching 50.1 percent control by March 23.
(Created by Ed Davies, Reuters)
Friday, March 18, 2011
Rio Tinto ups holding in $3.9 billion takeover target Riversdale
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