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Benzinga
Benzinga
Stjepan Kalinic

MYSTERIOUS: Rio tinto ceo defends london listing outlines future growth plans - You Need To See This

Rio Tinto's (NYSE:RIO) CEO Jakob Stausholm has dismissed activist shareholder calls to abandon the company's primary London listing.

Palliser Capital, a global multi-strategy fund that holds around $250 million in Rio Tinto shares, argued that the dual listing has destroyed $50 billion in value and hampered large-scale mergers and acquisitions.

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