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Rio rights offer lures investors

皇冠体育app Daily | Updated: 2009-07-03 08:07

Rio rights offer lures investors

An undated company handout photo of Rio Tinto mining operations at Robe Valley in Western Australia. Bloomberg News

SYDNEY: Rio Tinto Ltd's $15.2 billion rights offer, the fifth-biggest on record, generated strong demand from UK investors, putting the world's top iron ore miner back into growth mode after a debt-funded purchase of Alcan had brought it to its knees.

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