The activist investor added it now owns 11.67% of Turquoise Hill's shares.
(Reporting by Ruhi Soni in Bengaluru; Editing by Krishna Chandra Eluri)
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(Reuters) - Pentwater Capital Management LP, the second-largest shareholder of Turquoise Hill Resources Ltd, said on Friday it does not support Rio Tinto's acquisition of the Canadian miner, and was weighing legal options to thwart the deal.
The activist investor added it now owns 11.67% of Turquoise Hill's shares.
(Reporting by Ruhi Soni in Bengaluru; Editing by Krishna Chandra Eluri)
1st Jan change | Capi. | |
---|---|---|
-15.87% | 142B | |
-3.62% | 69.4B | |
+2.47% | 48.96B | |
+11.62% | 48.1B | |
+36.68% | 41B | |
+20.39% | 25.59B | |
+48.29% | 23.89B | |
+60.76% | 18.51B | |
+48.33% | 17.69B |