Rio Tinto-Chinalco Mega-Deal Clears Its First Hurdle

Australia's competition regulators aren't objecting to a US$19.5 billion investment in Rio Tinto (RTP-N, RIO-L) from state-owned Aluminum Corp. of China (ACH-N), or Chinalco.The Australian Competition and Consumer Commission concluded that Chinalco and Rio Tinto "would be unlikely to have...

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