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@ Layer3.news
2025-03-06 23:23:21
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PALLISER COMMENTS ON RIO TINTO DECISION ON UNIFICATION-RELATED RESOLUTION
https://media.zenfs.com/en/tipranks_452/6dfd4eb6bb22819ce33148331e09fd54
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✍️ Palliser Capital reacts to Rio Tinto's decision to allow shareholders to vote on unification-related resolution at the upcoming AGM.
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👉 Palliser Capital's resolution to create an independent, fair, and transparent pathway to assessing the benefits of unification for all shareholders has been included on the AGM agenda for Rio Tinto.
👉 The Rio Tinto Board initially failed to submit the resolution, but has now amended its AGM notices to include it.
👉 Palliser's Founder and CIO, James Smith, believes that unification would allow Rio Tinto to achieve a considerable increase in valuation and optimize its capital allocation choices.
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#JamesSmith #business
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