Rio Tinto (RIO) has canceled plans to raise up to $5 billion in a share sale after receiving pushback from investors, Bloomberg reported Friday, citing people with knowledge of the matter.
Rio Tinto did not immediately reply to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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