Rio maintains Turquoise Hill stake

Miner acquires $1.32 billion worth of shares under a rights offering.

Rio Tinto (RIO) has acquired $C1.29 billion ($A1.32 billion) worth of shares in Canadian miner Turquoise Hill Resources under a rights offering but has kept its stake unchanged.

In a statement to the Australian Securities Exchange, Rio Tinto said it kept its shareholding steady at 50.8% after the rights offering closed yesterday and was fully subscribed.


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