ASIC drops most claims against Rio Tinto over $5.8B acquisition
Allen & Overy 2022-02-28 1:31 pm Sydney
The Australian Securities and Investments Commission has dropped all but one claim against Rio Tinto in a four-year-long case over disclosures related to its troubled $5.8 billion acquisition of a Mozambique coal mining business and abandoned all claims against the mining giant’s former CEO and CFO.