BHP eyes Brazilian buy-up

BHP Billiton is on an acquisition spree, if you believe the rumour mill, with the major miner touted to be launching a $A3.1 billion bid for Brazilian iron ore play Ferrous Resources only days after speculation it was looking to acquire US coal producer Walter Energy.

BHP eyes Brazilian buy-up BHP eyes Brazilian buy-up BHP eyes Brazilian buy-up BHP eyes Brazilian buy-up BHP eyes Brazilian buy-up

The Sunday Times reported, without naming sources, that BHP has been in discussions with Ferrous since earlier this year, with talks of a possible acquisition ramping up in recent weeks.

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