Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2002-05-03
Length: 19 pages
Data source: Field research
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Abstract
The RTZ Corporation PLC (RTZ PLC) and RTZ Canada Inc, a wholly owned subsidiary of RTZ PLC, had decided to divest their 51.5% interest in the common shares of Rio Algom Limited. The decisional issue is the form of the secondary offering in a very difficult market. RTZ Canada Inc''s investment banker has proposed an installment receipt offering.
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Abstract
The RTZ Corporation PLC (RTZ PLC) and RTZ Canada Inc, a wholly owned subsidiary of RTZ PLC, had decided to divest their 51.5% interest in the common shares of Rio Algom Limited. The decisional issue is the form of the secondary offering in a very difficult market. RTZ Canada Inc''s investment banker has proposed an installment receipt offering.