Apollo (APO) Said to Be in Second Round Bidding for Rio's (RIO) Iron Ore Co. of Canada Unit
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Apollo Global Management, LLC (NYSE: APO) said to bid for Rio Tinto's (NYSE: RIO) Iron Ore Company of Canada holding, according to Bloomberg. Apollo through to the second round of bidding.
Rio shares are up 1.3 percent, spiking on the news.
Rio shares are up 1.3 percent, spiking on the news.
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