Willy Packer cries foul over Rio Tinto’s $880m Energy Resources of Australia rights issue

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****** Packer cries foul over Rio Tinto’s $880m Energy Resources of Australia rights issue

Cottesloe fund manager ****** Packer will seek to delay mining giant Rio Tinto’s bid to ******** up Energy Resources of Australia by referring the mining giant to the Takeovers Panel.

ERA on Monday ducked into a trading suspension after it received a letter from its largest two ********* shareholders, Packer & Co and Zentree Investments, indicating they were readying to get a declaration of “unacceptable circumstances” over Rio’s capital raising.

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#****** #Packer #cries #foul #Rio #Tintos #880m #Energy #Resources #Australia #rights #issue

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