Rio Tinto cuts its Constellium stake

Nov 19, 2013 | 11:37 AM | Michael Cowden

Tags  Rio Tinto, Rio Tinto Alcan, Alcan Engineered Products, Constellium, Securities and Exchange Commission, Apollo Global Management, Fonds Stratégique d’Investissement, FSI share sale

CHICAGO — Rio Tinto Plc has trimmed its stake in Constellium NV, selling about $328.4 million in shares of the aluminum products maker.

The London-based mining giant unloaded more than 19.3 million shares of Schiphol-Rijk, Netherlands-based Constellium at a public offering price of $17 per share less an underwriting discount, according to....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results