DataRoom AM: Betting on Fortescue

A US funds management giant takes a stake in Fortescue, while events in Mongolia take an interesting turn for Rio Tinto.

Fortescue Metals Group has a new headliner partner from the US, heralding a possible rebound in the iron ore price.

Meanwhile, FlexiGroup’s chief executive doesn’t hold any grudges after dropping out of the race for GE’s consumer finance business, and Rio Tinto faces an interesting turn of events in Mongolia.

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