Rio Tinto Takeover Rumours (RIO)

July 12 (Reuters) – Mining group Rio Tinto is studying a refreshed list of takeover targets including Teck Resources after the collapse of rival BHP's bid for Anglo American , Sky News reported on Friday. Rio had drawn up detailed proposals for a potential bid for Teck, which included approaching banks for financing a deal, the report said, citing sources. Teck is valued at nearly C$35 billion ($25.70 billion), according to LSEG data.