TRQ:CC News and Press, Turquoise Hill Resources Ltd. From 09/30/22

Turquoise Hill Resources ( NYSE: TRQ ) announced on Friday the receipt of an interim court order for its proposed plan of arrangement with Rio Tinto ( NYSE: RIO ). As previously announced, the companies reached a deal for Rio Tinto ( RIO ) to acquire the ~4...

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) is pleased to announce that the Supreme Court of Yukon (the “Court”) has granted an interim order (the “Interim Order”) in connection with the...

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Some of Turquoise Hill Resources ( NYSE: TRQ ) largest holders, who are against the miner's planned sale to Rio Tinto ( NYSE: RIO ), are said to plan to lobby the influential proxy firm ISS against the proposed deal. Pentwater Capital and SailingStone Capital are...

Turquoise Hill Resources ( NYSE: TRQ ) holder Pentwater Capital, which has said it plans to vote against the miner's sale to Rio Tinto ( NYSE: RIO ) said it purchased 2.5 million shares on Thursday. Pentwater paid C$41/share for the 2.5 million shares for a total pri...

Summary At the start of this year, Rio Tinto plc and the Mongolian Government announced they had reached an historic agreement with copper and metal manufacturing. Last week, Rio Tinto agreed to buy out Turquoise Hill Resources Ltd., a shareholder with an estimated 66% of the Oyu ...

Turquoise Hill Resources ( NYSE: TRQ ) holder Pentwater Capital said it doesn't plan to vote in favor of Rio Tinto's( NYSE: RIO ) C$43/share bid for the remainder of the miner it doesn't already own. Turquoise Hill ( TRQ ) reiterated that Rio ...

Update 3:15pm: Adds analyst, Rio Tinto comment and background. Turquoise Hill Resources ( NYSE: TRQ ) holder Pentwater Capital said it doesn't support Rio Tinto's C$43/share planned acquisition of the miner and that it  "significantly undervalues" the common shares....

U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell's latest comments on inflation. The Dow Jones Industrials sprang 310.62 points, or 1%, by noon hour to 32,085.14 The S&P 500 jumped 48.42 points, or 1.2%, to 4,05...

Turquoise Hill ( NYSE: TRQ ) holder Pentwater Capital said it doesn't support Rio Tinto's C$43/share planned acquisition of the miner and that it  "significantly undervalues" the common shares. Pentwater is evaluating its legal alternatives with respect of Turquoise H...