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(Adds Rio copper group CEO, shares)
By Praveen Menon and Shashwat Awasthi
Sept 1 (Reuters) - Rio Tinto on Thursday reached an agreement in principle to buy the rest of Canada's Turquoise Hill Resources for $3.3 billion which will give the global miner direct ownership of a giant copper mine in Mongolia.
Rio will pay C$43 per share in cash for the 49% of Turquoise Hill it does not already own, a more than 19% premium to the stock's last close and higher than a sweetened offer of C$40 proposed ...
>>> Read more: UPDATE 4-Rio Tinto agrees $3.3 bln takeover of Turquoise Hill
By Praveen Menon and Shashwat Awasthi
Sept 1 (Reuters) - Rio Tinto on Thursday reached an agreement in principle to buy the rest of Canada's Turquoise Hill Resources for $3.3 billion which will give the global miner direct ownership of a giant copper mine in Mongolia.
Rio will pay C$43 per share in cash for the 49% of Turquoise Hill it does not already own, a more than 19% premium to the stock's last close and higher than a sweetened offer of C$40 proposed ...
>>> Read more: UPDATE 4-Rio Tinto agrees $3.3 bln takeover of Turquoise Hill
