Mining giant Rio Tinto is determined to hoover up as many shares of Canadian uranium firm Hathor as it can, as it has extended the deadline for acceptance of its $654m bid for the company yet again.
As at 5pm yesterday, Toronto time, Rio had received acceptances in respect of its offer of 87.3% of Hathor's common shares.
--
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
jh
-
FTSE 100 hits record highs – why is it rising and will we see more gains?Advice UK equities have been described as unloved for a long time but as the FTSE 100 hits new highs, we explain if now is the time to buy British.
-
How to invest in copperIt may be time to invest in copper as the red metal appears poised for a big jump. Dominic Frisby looks at what should investors should buy
