© Reuters. FILE PHOTO: The Rio Tinto logo is displayed on a visitor’s helmet at a borates mine in Boron, California, U.S., November 15, 2019. REUTERS/Patrick T. Fallon
(Reuters) – Pentwater Capital Management LP, the second-largest shareholder of Turquoise Hill Resources (NYSE:) Ltd, said on Friday it does not support Rio Tinto (NYSE:)’s acquisition of the Canadian miner, and was weighing legal options to thwart the deal.
The activist investor added it now owns 11.67% of Turquoise Hill’s shares.
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