Rio takes step toward M&A redemption with $6.7bn lithium bet

A little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase of aluminum group Alcan, and then the ill-conceived swoop for Mozambique-focused coal outfit Riversdale Mining. The commodities boom cooled, top managers were pushed out and writedowns piled up.

Now — after billions in charges, cost cuts, plus several chief executives and multiple false starts — the miner has returned to the M&A fray, announcing the agreed $6.7-billion acquisition of Arcadium Lithium Ltd. this week.

发布者:Dr.Durant,转转请注明出处:https://robotalks.cn/rio-takes-step-toward-ma-redemption-with-6-7bn-lithium-bet/

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