The Five Minute Read

The Five Minute Read highlights things to do, places to go and people to know in the Greater Lowell area. Have news to share? Send it to news@lowellsun.com. Submissions must be received at least on…

Rio Tinto Shares to Remain Dual Listed as Shareholders Reject Proposal

In a recent vote, shareholders in Rio Tinto PLC overwhelmingly rejected a proposal to abandon the company’s dual London listing, opting instead to maintain its current structure. The move to drop the listing was proposed by activist investor Palliser Capital, which holds a USD300 million stake in the mining giant. Majority of the shareholders, over…