Two Canada pension funds said eyeing Rio Tinto’s IOC stake

Jul 09, 2013 | 12:16 PM | Stacy Irish

Tags  Rio Tinto, IOC, Iron Ore Co. of Canada, iron ore, coke, pension funds, CPPIB, Caisse de Dépôt et Placement du Québec Apollo Global Management

NEW YORK — Two Canadian pension funds are inviting investment firms to join them to bid for Rio Tinto Plc’s Canadian iron ore assets, according to media reports.

Canada Pension Plan Investment Board (CPPIB) and Caisse de Dépôt et Placement du Québec are both seeking partners to table separate bids for Rio Tinto’s 59.7-percent stake in Iron Ore Co. of Canada (IOC).....

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