Brazilian steelmaker CSN’s acquisition of additional stakes in Australian coal miner Riversdale Mining is an attempt to hinder the latter’s takeover by multinational resource group Rio Tinto, SLW brokerage analyst Pedro Galdi told BNamericas.
See http://www.bnamericas.com/news/metals/csn-trying-to-hinder-riversdale-takeover-by-rio-tinto-says-analyst/227435328.