Small investor challenges Rio Tinto's dual-listed structure, citing costs and shareholder value.

A small investor is challenging Rio Tinto's dual-listed company (DLC) structure, arguing it should be dissolved to improve shareholder value and reduce costs. Rio Tinto's CEO estimates the cost of dissolving the DLC at "mid-single-digit" billions. While the DLC structure offers advantages like access to two capital markets, the investor believes the benefits of restructuring outweigh the costs.

4 months ago
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