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BHP Billiton abandons bid for Rio Tinto

BHP Billiton Ltd., the world's biggest mining company, abandoned a hostile $68 billion takeover bid for rival Rio Tinto Ltd., blaming the global economic downturn and plunging commodity prices.
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Times Online - Business

BHP Billiton and Rio Tinto: the cost of throwing in the towel

It usually takes years for shareholders to discover how much value has been destroyed by an ill-conceived merger. For investors in BHP Billiton and Rio Tinto, the bills have arrived much more quickly.
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Yahoo! News BHP Billiton posts record...

AFP - The world's biggest mining company BHP Billiton Ltd. posted a record 15.39-billion-US-dollar annual net profit Monday and said it expected Asian demand to remain strong...
08/18/08
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Times Online - Business BHP Billiton says Chinese demand...

The world’s largest mining company, BHP Billiton, unveiled a record $15.4 billion profit this morning, fuelled by high commodity prices and continued strong demand from China.$
08/18/08
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Yahoo! News BHP Billiton reports record annual...

AP - BHP Billiton Ltd., the world's largest mining company, has reported a record annual profit and says it expects demand for commodities to remain strong.
08/18/08
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The Sydney Morning Herald BHP Billiton posts record annual profit

BHP Billiton Ltd, the world's largest mining company, has reported a record annual profit and says it expects demand for commodities to remain strong.
08/18/08
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The Sydney Morning Herald BHP Billiton poised for record profit

BHP Billiton is set to deliver a record annual profit in excess of $US15 billion ($A17.26 billion), underpinned by a strong result from its petroleum division.
08/15/08
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Times Online - Business Investors furious as BHP pulls plug...

BHP Billiton’s hostile pursuit of Rio Tinto, its mining rival, ended yesterday, bringing to a halt an extraordinary bonanza for advisers who have reaped more than £400...
11/26/08
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WRAL.com

Rio Tinto says it is comfortable with debt level

Mining giant Rio Tinto on Wednesday sought to allay concerns about its debt levels a day after bigger rival BHP Billiton abandoned a takeover bid for that reason, sending Rio's share price plummeting.
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Times Online - Business

BHP Billiton scraps $66 billion bid for Rio Tinto$

BHP Billiton this morning scrapped its $66 billion hostile bid for rival Rio Tinto, stating that it no longer believes the deal is in the best interests of its shareholders due to the financial crisis and falling commodity prices.$
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Times Online - Business Japan gives 11-day ultimatum to BHP...

The Japanese Government has ordered BHP Billiton, the world's largest miner, to provide details of its proposed $78 billion ($£48.3 billion) takeover of Rio Tinto within 11...
11/06/08
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Forbes E.U. Opens Fire On BHP

Regulators lodge objections to bid for Rio Tinto on competition grounds.
11/05/08
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Times Online - Business EU threat to Rio Tinto takeover

EUROPEAN regulators are this week expected to threaten to stop the proposed takeover of Rio Tinto by BHP Billiton because of the dominance the pair have over the world’s...
11/02/08
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Forbes Europe May Balk At Mining Mega-Merger

A report surfaced that the European Union may object to BHP Billiton's proposed Rio Tinto takeover on antitrust grounds, sending both companies' shares plummeting in Sydney.
10/23/08
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Yahoo! News BHP Billiton posts record...

AFP - The world's biggest mining company BHP Billiton Ltd. posted a record 15.39-billion-US-dollar annual net profit Monday and said it expected Asian demand to remain strong...
08/18/08
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Yahoo! News BHP Billiton posts record year profit...

Reuters - Top miner BHP Billiton , bidding for rival Rio Tinto in what would be the world's second-biggest takeover, posted a 12.4 percent rise in full-year net profit to...
08/18/08
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Yahoo! News

BHP Billiton posts record 15.4-billion-dollar profit (AFP)

AFP - The world's biggest miner BHP Billiton on Monday announced record annual net profits of 15.39 billion US dollars (10.46 billion euros), driven by soaring commodity prices and strong Asian demand.
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WRAL.com

BHP Billiton reports record annual profit

BHP Billiton Ltd., the world's largest mining company, has reported a record annual profit and says it expects demand for commodities to remain strong.
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The Independent The Week Ahead: Mining boom to boost...

It has been boom time for the heavyweight miners, and analysts said investors should be looking forward to BHP Billiton's full-year results today. Charles Cooper at Evolution...
08/18/08
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International Herald Tribune BHP Billiton reports record annual...

BHP Billiton Ltd., the world's largest mining company, has reported a record annual profit and says it expects demand for commodities to remain strong.
08/18/08
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The Sydney Morning Herald BHP's Rio takeover prospects start to...

Rio Tinto Group Chief Executive Officer Tom Albanese is proving to be an elusive target for BHP Billiton CEO Marius Kloppers now that the slowing economy, fading stock and...
08/06/08
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Times Online - Business BHP Billiton's bid for Rio Tinto...

The European Union has begun a full investigation into BHP Billiton's proposed $170billion ($£85.8billion)takeover of Rio Tinto, its rival.
07/05/08
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International Herald Tribune BHP Billiton and China's Baosteel...

BHP Billiton said Friday it has reached agreement with China's Baosteel on prices for iron ore deliveries, securing increases of up to 96.5 percent after protracted negotiations.
07/04/08
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Times Online - Business BHP Billiton wins US approval for...

America's anti-trust regulators have given partial approval to BHP Billiton's $38 billion ($£19.1 billion) offer for Rio Tinto but the deal is still awaiting the opinion of...
07/03/08
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International Herald Tribune US antitrust regulator clears BHP...

Global mining giant BHP Billiton said Thursday that U.S. antitrust regulators had granted partial approval for its US$170 billion hostile takeover bid for rival Rio Tinto.
07/03/08
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The Sydney Morning Herald BHP Billiton books production records

BHP Billiton Ltd has booked full year production records for seven of the many commodities it sells, despite higher costs and supply disruptions.
07/23/08
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