April 3 (Reuters) - Rio Tinto Ltd RIO.AX:
BOARD CONSIDERS RESOLUTION ON DUAL-LISTING STRUCTURE AGAINST BEST INTERESTS OF SHAREHOLDERS AND OF RIO TINTO AS A WHOLE - PRESENTATION
DLC UNIFICATION WOULD RESULT IN EXPECTED TAX COSTS IN MID-SINGLE DIGIT US$ BILLIONS
US$40 BILLION OF ADDITIONAL AUSTRALIAN DEMAND NEEDED TO REACH MAJORITY AUSTRALIAN OWNERSHIP OF A UNIFIED RIO TINTO
UNANIMOUSLY RECOMMENDS VOTING AGAINST RESOLUTION
DLC UNIFICATION WOULD LIKELY RESULT IN RIO TINTO BEING UNABLE TO PAY FULLY FRANKED DIVIDENDS IN THE LONGER TERM
CEO SAYS LONG-TERM OUTLOOK IS POSITIVE, CONFIDENT WE HAVE RIGHT STRATEGY & OBJECTIVES TO DELIVER VALUE
Further company coverage: RIO.AX
((Reuters.Briefs@thomsonreuters.com;))
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