Q: Came across this news article about Rio Tinto wanting to sell its stake Iron Ore Company of Canada (IOC).
Rio is also considering an initial public offering on the Toronto Stock Exchange of IOC, on which Royal Bank of Canada has been hired to advise.
https://news.sky.com/story/rio-tinto-approaches-bidders-for-6bn-canadian-iron-ore-stake-11473410
I look forward to your comments and the potential implication of LIF.
Thank you
Rio is also considering an initial public offering on the Toronto Stock Exchange of IOC, on which Royal Bank of Canada has been hired to advise.
https://news.sky.com/story/rio-tinto-approaches-bidders-for-6bn-canadian-iron-ore-stake-11473410
I look forward to your comments and the potential implication of LIF.
Thank you