HONG KONG (Reuters) – A Chinese company and private equity firms are among the groups expected to submit final bids for Rio Tinto’s borates and talc units, according to sources close to the matter, in a deal potentially worth over $1 billion.
Final offers for Rio Tinto’s (RIO.AX) (RIO.L) borates and talc units, which the mining giant is selling to help pay down nearly $40 billion in debt, are due within a week, according to the sources.
