M&A

Rio Tinto cleared for Hathor bid

RIO Tinto has received Canadian Competition Bureau clearance for its offer to buy uranium hunter Hathor Exploration for $C4.70 ($A4.60) a common share.

Noel Dyson
Rio Tinto cleared for Hathor bid

The Rio bid values Hathor at about $C654 million ($A640 million) on a fully-diluted basis. It also trumps the recently revised unsolicited Cameco Corporation offer of $C4.50 ($A4.40) a share made...

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