SYDNEY, Jan 24 (Reuters) - Talks between Riversdale Mining and China's Wuhan Iron & Steel Corp over acquiring a state in the Zambeze coal project in Mozambique have been suspended while a takeover bid by Rio Tinto remains on the table, Riversdale said on Monday.
Riversdale is recommending its shareholders accept Rio Tinto's offer, saying it was unaware of any higher offers in the works.
(Reporting by James Regan; editing by Balazs Koranyi) Keywords: RIVERSDALE/ (jim.regan@thomsonreuters.com)(+612 9373-1814)(Reuters Messaging: jim.regan.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Riversdale is recommending its shareholders accept Rio Tinto's offer, saying it was unaware of any higher offers in the works.
(Reporting by James Regan; editing by Balazs Koranyi) Keywords: RIVERSDALE/ (jim.regan@thomsonreuters.com)(+612 9373-1814)(Reuters Messaging: jim.regan.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.