Global miner Rio Tinto
The world's second-largest iron ore producer killed off the deal, which would have been China's biggest single offshore investment, right after it announced an agreement to combine its Australian iron ore mines with rival BHP Billiton
The rights-issue shares would be issued in Australia at A$28.29 each and in London at 1,400 pence, on the basis of 21 new shares for every 40 shares currently held, Rio Tinto.
Rio Tinto last traded in Australia at A$66.90 and in London at 2,753 pence.
(Reporting by Mark Bendeich; Editing by Denny Thomas)