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English > Industry&Companies > Industry-Breaking News>Rio-Chinalco Deal Gets Go-Ahead from U.S. Regulator

Rio-Chinalco Deal Gets Go-Ahead from U.S. Regulator

05-15 19:01 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-05-15/110166265.html

» Rio Tinto Ltd. said its proposed US$19.5 billion deal with the Aluminum Corp. of China Ltd.(Chinalco) has been approved by the U.S. Committee on Foreign Investment.
» The transaction was also cleared by the German Federal Cartel Office on March 31 and the Australian Competition and Consumer Commission on March 25.
» Australia's Foreign Investment Review Board on March 16 extended its review of the proposal by 90 days. It will provide a recommendation to Australian Treasurer Wayne Swan, who will make the final decision.
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