Rio takes control of Riversdale board, seeks delisting
April 29, 2011 by goldguru · Leave a Comment
Diversified giant Rio Tinto on Friday assumed control of ASX-listed coal miner Riversdale Mining’s board, announcing that it would seek to de-list the company at the end of the takeover bid.
Rio appointed its energy CEO Doug Ritchie as the new chairperson of Riversdale, as well as the COO of coal Australia, Darren Yeates, and VP for human resources Rosemary Fagen to the board of directors.
Read more….
