RY Royal Bank of Canada

--Rio Tinto PLC (RIO) unit Iron Ore Co. of Canada may be taken public by the mining conglomerate, Reuters reports Monday, citing "people familiar with the situation."

--Royal Bank of Canada (RY), Credit Suisse Group AG (CS) and JPMorgan Chase & Co. (JPM) are working with the company on an initial public offering, the report said.

--The company could be taken public in the first half of next year, and would hold a dual listing in New York and Toronto, according to the report.

Full story: https://www.reuters.com/article/us-rio-tinto-ironore-ipo/rio-tinto-plans-to-list-canadian-iron-ore-unit-in-early-2019-sources-idUSKCN1ON0XW

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

December 24, 2018 14:49 ET (19:49 GMT)

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