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Pentwater confirms agreement with Rio on Turquoise

Florida-based Pentwater Capital Management has confirmed it has reached an agreement with Rio Tinto to withhold its vote at an 8 November meeting of Turquoise Hill Resources shareholders who are expected to approve Rio Tinto’s C$43/share offer for the Toronto-listed firm.

Pentwater confirms agreement with Rio on Turquoise Pentwater confirms agreement with Rio on Turquoise Pentwater confirms agreement with Rio on Turquoise Pentwater confirms agreement with Rio on Turquoise Pentwater confirms agreement with Rio on Turquoise

Rio edges closer to sealing Turquoise

"The Pentwater parties have agreed to withhold their votes at the special meeting and have delivered notices of the exercise of their dissent rights in respect of the arrangement," Pentwater Capital