Rio Tinto to raise up to $9 bn via bond sale to fund Arcadium buyout– Bloomberg
Investing.com-- Rio Tinto Ltd (ASX:RIO) is issuing $9 billion in U.S. investment-grade bonds to finance its recent acquisition of Arcadium Lithium PLC (NYSE:ALTM), Bloomberg reported on Tuesday.
investing.com·9mo ago
More News
Is This High-Yield Dividend Stock a Buy Ahead of a Major Business Shakeup?
Rio Tinto’s move into the lithium market, including a $6.7 billion acquisition of Arcadium Lithium, has sparked interest in the high-yield dividend stock as it prepares for a major business shakeup.
barchart.com·11mo ago
Arcadium Lithium Jumps As CFIUS Approves $6.7B Rio Tinto Deal, But Retail Sentiment Sours
CFIUS completed its review of the deal, concluding there were no unresolved national security concerns.
Stocktwits·1y ago
Why You Should Buy This High-Yield Dividend Stock Before 2025
Rio Tinto stands out as a compelling investment opportunity, driven by its strategic expansions, robust production plans, and bullish analyst sentiment.
barchart.com·1y ago
Tesla Supplier Arcadium Lithium Stock Jumps 30% Premarket On $6.7B Acquisition By Rio Tinto: Here’s How Retail Reacted
The transaction represents a premium of 90% to its closing price of $3.08 per share on Oct. 04, 2024.