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Rio Tinto’s $3B asset sale lures private equity giants including Blackstone, KKR – report (RIO:NYSE)

Reclaimer Stacker and Stockpile on Iron Ore Mine Site

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The sale process for Rio Tinto’s (RIO) infrastructure assets is moving closer to launch, and some of the world’s largest private equity firms including Blackstone (BX), Apollo Global Management (APO), KKR (KKR), and Stonepeak are interested, The Australian reported Tuesday.

The deal

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