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Rio Tinto Deal Blows Up
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Rio Tinto Deal Blows Up

Philip Bowring's avatar
Philip Bowring
Mar 20, 2009
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Rio Tinto Deal Blows Up
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Rio Tinto can say goodbye to its $19 billion equity and convertible bond deal with China Aluminium (Chinalco) at least in its present form. Opposition to it was already gathering nationalist momentum in Australia and shareholder momentum in London.

Now China's rejection of Coca-Cola's bid for leading fruit juice maker, Hong Kong-listed Huiyuan will immea…

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