DataRoom AM: Rio’s Guinean gain

Rio Tinto edges closer to Simandou pay dirt as it signs a crucial investment framework, while TWE leaves the door open for a sweetened bid from KKR.

Rio Tinto is finally making significant progress in Guinea, but one big challenge remains: financing its mammoth $20 billion project.

Elsewhere, Treasury Wine Estates shuts the door on the takeover offer it received last week, SAI Global receives a $1.1bn offer of its own and Queensland readies for a big influx of casino cash.

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