Rio Tinto CFO: Expects Cloud Peak IPO Before Year End

Date : 10/30/2009 @ 1:50PM
Source : Dow Jones News
Stock : Rio Tinto PLC (ADS) (RTP)
Quote : 209.87  -4.0 (-1.87%) @ 8:00PM
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Rio Tinto CFO: Expects Cloud Peak IPO Before Year End

LONDON -(Dow Jones)- Rio Tinto PLC (RTP) expects an initial public offering for its Cloud Peak coal business before the end of this year, Chief Financial Officer Guy Elliott said at an investor seminar Friday.

Cloud Peak Energy Inc., composed of most of Rio Tinto's coal assets in the western U.S., in August registered with the Securities and Exchange Commission to sell shares in an IPO.

Company Web site: www.riotinto.com

-By Jeffrey Sparshott, Dow Jones Newswires; +44 (0)207 842 9347; jeffrey.sparshott@dowjones.com

 
 

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