{"id":23914,"date":"2011-08-08T04:02:03","date_gmt":"2011-08-08T08:02:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=23914"},"modified":"2011-08-08T04:02:03","modified_gmt":"2011-08-08T08:02:03","slug":"hedge-funds-are-the-key-to-rios-riversdale-win","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2011\/hedge-funds-are-the-key-to-rios-riversdale-win.html","title":{"rendered":"Hedge funds are the key to Rio&#8217;s Riversdale win"},"content":{"rendered":"<p>The Australian &#8211; &#8220;I would say it was one of the most interesting and challenging deals in a lot of ways because of the share register,&#8221; says Minter Ellison partner Costas Condoleon, who worked on the deal for Rio. &#8220;The composition of the register made it really, really hard.&#8221;<\/p>\n<p>The problem for Rio was that while the target&#8217;s directors recommended the deal, Riversdale&#8217;s biggest shareholders, steelmakers Tata Steel and CSN, controlled 47 per cent of the register &#8212; and they weren&#8217;t prepared to budge.<\/p>\n<p><a href=\"http:\/\/www.theaustralian.com.au\/business\/mining-energy\/hedge-funds-are-the-key-to-rios-riversdale-win\/story-e6frg9df-1226110471761\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian &#8211; &#8220;I would say it was one of the most interesting and challenging deals in a lot of ways because of the share register,&#8221; says Minter Ellison partner Costas Condoleon, who worked on the deal for Rio. &#8220;The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-23914","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=23914"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23914\/revisions"}],"predecessor-version":[{"id":23915,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23914\/revisions\/23915"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=23914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=23914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=23914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}