Rio Tinto To Hold Over 98% Of ERA's Shares; To Proceed With Compulsory Acquisition

(RTTNews) - Rio Tinto said it will hold over 98% of Energy Resources of Australia's shares as a result of taking up its pro rata entitlements in entitlement offer and the level of participation by other ERA shareholders. Rio Tinto plans to proceed with the compulsory acquisition https://www.nasdaq.com/articles/rio-tinto-hold-over-98-eras-shares-proceed-compulsory-acquisition