Carlyle pursues Rio Tinto's Australia mining asset - report
The Carlyle Group is said to have made an initial bid for Rio Tinto's 80% stake in an Australian copper-gold mine. KKR previously showed an interest in the Northparkes mine in New South Wales but didn't follow up with a bid.
It is not known how much Carlyle has offered for the stake but according to The Wall Street Journal, Rio Tinto could raise as much as $1 billion from the sale. Northparkes is one of a number of assets...
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