M&A

BHP offers "compelling" bid for Rio

BHP Billiton has today launched a formal takeover offer for Rio Tinto of 3.4 BHP shares for 1 Rio share, an increase on its takeover proposal for the rival miner announced last year.

MiningNews.Net
BHP offers "compelling" bid for Rio

The world's largest miner had until today to make a formal bid for Rio after the UK Takeover Panel imposed a February 6 deadline for a formal offer under the "put up or shut up" clause. Today's takeover...

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