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Tata nominee, other Riversdale directors back Rio Tinto offer

New Delhi, Jan 24 (PTI) Riversdale Mining today said its board of directors, including Tata Steel nominee N K Misra, has recommended Rio Tinto''s 3.9 Australian dollar takeover bid in the absence of a "superior proposal". The development comes amid ... Source: MSN India

Stills from Kia Motors Corporation Available on thenewsmarket.com: Next Generation Rio Marks Next Big Step ...

The first official sketches of the next generation Kia Rio revealed today (Wednesday) show a powerful, bold design that marks "the next big step" in the company's ongoing design revolution. Longer, lower and wider than the existing Rio, the new model is ... Source: Redorbit.com

Australia shares up 0.6% as banks, Rio gain; Woolworths down

MELBOURNE: Australian stocks rose 0.6 percent on Monday, boosted by broad gains in banks and miners such as Rio Tinto , though top retailer Woolworths slid 2.6 percent to A$26.76 after slashing its full-year profit forecast. The benchmark S&P/ASX 200 index ... Source: Economic Times

Reports: Rio state government, local companies team up to build 2,000 houses for flood victims

SAO PAULO - The Rio de Janeiro state government and local construction companies are reportedly teaming up to provide housing for hundreds of victims of the state's recent devastating floods and mudslides. Brazilian news media are reporting that the ... Source: Minneapolis Star Tribune

UPDATE 2-Rio Tinto wins full Riversdale board support for $3.9 bln bid

MELBOURNE/SYDNEY, Jan 24 (Reuters) - Rio Tinto's $3.9 billion bid for Africa-focused coal miner Riversdale gained steam on Monday after a representative of Riversdale's top shareholder Tata Steel backed the offer. The full board of Riversdale, coveted for ... Source: Reuters

Riversdale Says Rio Takeover Crystallizes Value, Isn't Aware of Rival Bid

Riversdale Mining Ltd ., subject of a A$3.9 billion ($3.86 billion) takeover bid from Rio Tinto Group, said it’s not aware of any other offers, after an Indian group repeated that it may consider a rival proposal. “Rio Tinto’s offer crystallizes ... Source: Bloomberg

Riversdale Board Unanimously Backs Rio's $3.9 Billion Bid

"As of today, no superior proposal has been received by Riversdale and the company is not aware of any party having an intention to make such a proposal," Riversdale said in a statement after releasing its official response to Rio's bid. When the deal was ... Source: CNBC

Reports: Rio to build houses for flood victims

SAO PAULO — The Rio de Janeiro state government and local construction companies are reportedly teaming up to provide housing for hundreds of victims of the state's recent devastating floods and mudslides. Brazilian news media are reporting that the ... Source: msnbc.com