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Thursday, March 10, 2011

Riversdale says unaware of any competing offers

Thu Mar 10, 2011 6:05am GMT

Sydney, March 10 (Reuters) - Takeover target Riversdale Mining said it was not aware of any competing offers to a sweetened A$3.9 billion bid from global miner Rio Tinto

Earlier, Rio Tinto raised its offer for Africa-focused coal miner Riversdale in a final bid to woo key shareholders, a move that Riversdale said was helping to sway institutions.

(Reporting by Narayanan Somasundaram; Editing by Balazs Koranyi,sourced:Thomson Reuters)

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