Activist Palliser seeks to force Rio Tinto into reviewing London listing

Quick Summary:

Rio Tinto has repeatedly said that unifying its listing would cost “mid-single digit billions of dollars” in tax.

Palliser has been campaigning since May for the miner — one of the biggest constituents of FTSE 100 index — to follow rival BHP by unifying its corporate structure in Australia.

It is calling for Rio Tinto to become a single Australian-domiciled holding company with a primary listing on Australia’s stock exchange.

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Article Details

Author / Journalist: Robert Wright

Category: MarketsFinanceInvesting

Markets: United StatesAustralia

Topics: Review London Financial Listing Shareholders Tinto Palliser Shares Company Structure Conduct

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 10:52:39 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 544 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 24547773

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Main Topics: MarketsFinanceInvesting

Official Website: ft.com

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Year Established: 1888

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News Last Updated: 9 hours ago

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