Rio Tinto bid succeeds for uranium prospector Hathor

Wed Nov 30, 2011 9:58pm EST
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SYDNEY (Reuters) - Rio Tinto (RIO.AX: Quote) (RIO.L: Quote) on Thursday said it had succeeded in its takeover bid for Canadian uranium prospector Hathor HAT.TO and extended its offer by 10 days until December 12 to mop up remaining outstanding shares.

Canadian Cameco Corp (CCO.TO: Quote) this week backed out of a bidding war for Hathor, clearing the way for Rio Tinto's C$654 million friendly offer.

(Reporting by James Regan; Editing by Ed Davies)