BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
February 6, 2008
AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China.
BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China.
BHP Billiton raises Rio Tinto takeover bid (AFP)
AFP - BHP Billiton sweetened its bid for Rio Tinto Wednesday, lifting its valuation of the mining giant to 147.4 billion dollars as it presses for a mega-takeover to exploit a resources boom driven by China.
Rio Tinto rejects BHP Billiton...
AFP - Anglo-Australian mining giant Rio Tinto said Wednesday that it had rejected a 147.4-billion-dollar (100.9-billion-euro) takeover bid from peer BHP Billiton.
Rio Tinto: BHP Billiton needs to...
BHP Billiton needs to "considerably" raise it's takeover offer for rival miner Rio Tinto before the company will enter into talks, a senior Rio Tinto executive said Wednesday.
Rio Tinto: BHP Billiton needs to...
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Rio Tinto Profit Up on Record Production
The company posted a 9 percent rise in half-year underlying profit, helped by record iron ore production, and again rebuffed a hostile takeover bid by BHP Billiton.
Rio Tinto under Australian pressure...
Some Australian shareholders are believed to be pressing Rio Tinto to start
talks with BHP Billiton, the rival mining company which is mounting a
hostile takeover. Rio...
BHP Billiton and Rio Tinto demand 200...
BHP Billiton and Rio Tinto are to deliver a crippling blow to Asian steel
firms this week by demanding a 200 per cent increase in coking coal prices
that their customers will...
BHP Billiton raises bid for Rio Tinto (AFP)
AFP - BHP Billiton said Wednesday it had raised its bid for Rio Tinto to 3.4 BHP shares for each Rio Tinto share, valuing the world's third biggest miner at 147.4 billion dollars.
BHP Billiton executives say Rio Tinto takeover bid will go to European regulators within weeks
A BHP Billiton Ltd. executive said the world's largest miner will submit its first paperwork with European Union regulators regarding its planned takeover of rival Rio Tinto Ltd. within weeks. 
BHP Billiton on London charm offensive
As takeover target Rio Tinto continues its information blitz, BHP Billiton is reportedly running its own charm offensive in London.
Alcoa, Chalco buy Rio Tinto stake ...
AP - Alcoa Inc. and Aluminum Corp. of China jointly acquired 12 percent of the shares of global mining company Rio Tinto PLC in a deal believed to be worth $14.05 billion, the...
BHP Billiton posts 6.017 billion...
AFP - BHP Billiton, the world's largest miner, said Wednesday its first-half net profit fell by 2.4 percent to 6.017 billion dollars, as it lifted its offer for rival Rio Tinto.
Rio Tinto: We don't need BHP
Rio Tinto has said it is still dismissive of the $135 billion all-stock hostile takeover bid by BHP Billiton and that it is doing fine on its own.
BHP makes formal bid for Rio Tinto
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BHP makes formal bid for Rio Tinto
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China, US aluminum giants buy into Rio Tinto (AFP)
AFP - Chinese aluminium giant Chinalco said Friday it and US peer Alcoa have bought a 12-percent stake in Anglo-Australian miner Rio Tinto, setting up a possible takeover tussle with rival BHP Billiton.
BHP makes formal bid for Rio Tinto
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Rio Tinto: BHP needs to raise offer ...
AP - A senior Rio Tinto executive on Wednesday said BHP Billiton would have to raise its already-sweetened takeover offer "considerably" to lure the miner into talks.
Mining giant Rio Tinto's sees net...
AFP - The world's third-largest miner Rio Tinto said Wednesday its full-year net profit fell almost two percent in 2007 to 7.312 billion US dollars as it again rejected a...
Rio Tinto's annual net profit falls...
AFP - The world's third-largest miner Rio Tinto said Wednesday its full-year net profit fell almost two percent in 2007 to 7.312 billion US dollars as it again rejected a...
Rio Tinto says talks continuing over...
AFP - Global miner Rio Tinto said Monday it was still discussing 2008 iron ore prices with customers after rival Vale of Brazil won a massive 65 percent increase from its Asian...
Rio Tinto to enforce iron ore price hike
Rio Tinto, the mining giant being stalked by rival BHP Billiton, is
threatening Asian steelmakers that it will sell iron ore on the lucrative spot
market unless they agree to...
BHP Billiton pushes banks on $55b loan
BHP Billiton is expected to sign banks into the record $US55 billion ($A59.71 billion) loan backing bid Rio Tinto.